Dollar General

3394 Highway 11w Hwy, Surgoinsville, TN 37873

  • For Sale $789,000
  • Property Type Retail - Street Retail
  • Property Size 8,000 SF
  • Units 1
  • Lot Size 0.87 Acre
  • Property Tenancy Single Tenant
  • Date Updated Mar 12, 2024
Surgoinsville is a small town located in Hawkins County, Tennessee, in the southeastern United States. Situated in the northeastern part of the state, Surgoinsville is approximately 70 miles northeast of Knoxville and 20 miles southwest of Kingsport. It is nestled in the picturesque rolling hills of the Appalachian Mountains, providing a scenic and peaceful environment. One of the notable features of Surgoinsville is its scenic natural surroundings. The town is surrounded by lush green forests, rolling hills, and picturesque farmland. The Holston River runs along the eastern edge of the town, providing opportunities for recreational activities like fishing, boating, and kayaking. The nearby Cherokee Lake is also a popular destination for water sports and outdoor enthusiasts. The downtown area of Surgoinsville reflects its historic roots. It features several well-preserved buildings that showcase the town's architectural heritage, including the Surgeon's Cabin, a log structure dating back to the 1700s. The main street is lined with local businesses, antique shops, and charming cafes, offering a delightful experience for visitors and residents alike. The town is known for its strong sense of community and hosts various events throughout the year, such as the Surgoinsville Days Festival. This annual event celebrates the town's history and culture, featuring live music, local artisans, food vendors, and activities for all ages. To conclude, Surgoinsville, Tennessee, is a charming and historic town nestled in the beautiful Appalachian Mountains. It offers a close-knit community, picturesque surroundings, and a rich heritage that residents and visitors can appreciate.Exclusive Realty is pleased to present this 8,000 square foot Dollar General store located in Surgoinsville, Tennessee. The property has a NN Lease with minimal landlord responsibilities. The lease is corporately guaranteed by Dollar General, Inc., which holds a credit rating of “BBB”, and this is classified as investment grade. The subject property is located near Lee Hwy which sees over 9,500 vehicles per day making it a very lucrative and ideal location for a Dollar General ensuring successful store sales. The five-mile average household income exceeds $40,000 within a 5- mile radius. The subject offering represents an ideal opportunity for 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 8,000 sq ft building on 0.87 Acres of Land
  • Tennessee is a No Income Tax State
  • Dollar General has a credit rating of "BBB", which is considered investment grade
  • Corporately guaranteed lease
  • Household income exceeds $43,000 in five mile radius

Contacts

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601

Location

Getting Around

  • Walk Score ®

    9/100 Car-Dependent
  • Bike Score ®

    15/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Surgoinsville, TN
  • Neighborhood Surgoinsville
  • Zip Code 37873

Points of Interest

  • Marathon

    3.15 miles

  • Dairy Mart

    0.80 miles

  • Country Kitchen

    1.55 miles

  • El Potrillo

    4.16 miles

  • Peking

    9.28 miles

  • Sagebrush Steakhouse

    9.34 miles

  • McDonald's

    9.48 miles

  • Save-A-Lot

    9.29 miles

  • Food City

    9.31 miles

Frequently Asked Questions

What is the lease rate for Dollar General?

Rental asking rate at Dollar General is $394,500.00/YR.

What is the total square footage of Dollar General?

Dollar General totals 8,000 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601