DG Market | Kingsport, TN (Lynn Garden)

1221 Lynn Garden Drive, Kingsport, TN 37665

  • For Sale $2,651,393
  • Property Type Retail - Freestanding
  • Property Size 10,542 SF
  • Lot Size 1.15 Acre
  • Parking Spaces Avail. 36
  • Property Tenancy Single Tenant
  • Year Built 2023
  • Date Updated Mar 19, 2024
The subject property is located on Lynn Garden Drive in Kingsport, TN. Kingsport is ideally located within 8 hours of 15 major cities, including Charlotte, Nashville, Atlanta, and Raleigh, and is part of the Johnson City Metropolitan Statistical Area, which is a component of the Johnson City-Kingsport-Bristol area (“Tri-Cities” region). Kingsport’s community consists of over 100 established neighborhoods to downtown living, as well as quality opportunities for professional growth.Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market store located in Kingsport, TN. The subject property has a 15-year NNN lease with 5% increases every 5 years during the primary term and each option, and an estimated delivery date of May 2024. Kingsport, TN is part of the Kingsport-Johnson City-Bristol MSA, one of the premier locations for growth in a state characterized by a continuous influx of new residents from across the country, and Kingsport was ranked #7 by Redfin as one of the fastest-growing cities in the state. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

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Highlights

  • NNN Single Tenant Investment Opportunity
  • Located in the Kingsport-Johnson City-Bristol MSA
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During the Initial Term and Each Option
  • Corporate Guarantee by Dollar General Corporation

Contacts

broker

Brian Phillips, CCIM

Randall Commercial Group

(662) 638-0722

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent
  • Bike Score ®

    15/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Kingsport, TN
  • Neighborhood Lynn Garden
  • Zip Code 37665

Points of Interest

  • Kingsport Depot

    2.20 miles

  • Shell Express

    0.29 miles

  • Shell

    1.42 miles

  • Shell

    1.42 miles

  • Conoco

    1.43 miles

  • Murphy USA

    2.51 miles

  • Shell

    3.43 miles

  • Exxon

    3.45 miles

  • Weigel's

    3.70 miles

  • BP

    4.88 miles

  • Mobil

    4.97 miles

  • Netherland Inn Parking

    2.28 miles

  • Truck parking

    6.49 miles

  • Car parking

    6.50 miles

  • Lynn Garden Restaurant

    0.07 miles

  • Pal's

    0.10 miles

  • McDonald's

    0.20 miles

  • Dairy Queen

    0.78 miles

  • KFC

    0.84 miles

  • Wendy's

    1.20 miles

  • Rain Night club

    1.30 miles

  • Mexican Grill

    1.39 miles

  • Dunkin' Donuts

    1.40 miles

  • Little Caesars

    1.45 miles

  • Walmart Neighborhood Market

    0.91 miles

  • Food City

    1.68 miles

  • Jennings Plaza

    2.32 miles

  • Walmart Supercenter

    2.42 miles

  • Kroger

    3.42 miles

  • Ross

    3.59 miles

  • TJ Maxx

    3.60 miles

  • Kmart

    3.68 miles

  • Food City

    3.85 miles

  • Fort Henry Mall

    4.18 miles

Frequently Asked Questions

What is the lease rate for DG Market | Kingsport, TN (Lynn Garden)?

Rental asking rate at DG Market | Kingsport, TN (Lynn Garden) is $1,325,696.50/YR.

What is the total square footage of DG Market | Kingsport, TN (Lynn Garden)?

DG Market | Kingsport, TN (Lynn Garden) totals 10,542 square feet.

When was this property built?

DG Market | Kingsport, TN (Lynn Garden) was built in 2023.

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Contact Listing Broker

broker

Brian Phillips, CCIM

Randall Commercial Group

(662) 638-0722