Dollar General | Jellico, TN | Relo Store with Rare Early Extension

For Sale

575 N Main Street, Jellico, TN 37762

This Jellico property for sale is located at 575 N Main Street. The current listed sale price for Dollar General | Jellico, TN | Relo Store with Rare Early Extension is $1,671,542. Dollar General | Jellico, TN | Relo Store with Rare Early Extension is situated on a lot that is 0.96 acre in size.

Contacts

broker
Brian Phillips, CCIM

Randall Commercial Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 12,480 SF
  • Lot Size 0.96 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 41
  • Property Tenancy Single Tenant
  • Year Built 2010
  • Date Updated Dec 10, 2024
The subject property is located on N Main Street on the north side of Jellico, TN, next to the Kentucky/Tennessee border. Located along Interstate 75 between Lexington, KY and Knoxville, TN, Campbell County encompasses a large area in North TN and is included in the Knoxville MSA.Randall Commercial Group, LLC is pleased to exclusively offer for sale this NN+*, free-standing Dollar General located in Jellico, TN. This store is a relo store, and Dollar General has not only exercised its first option but did an early extension of that option through November 30, 2031. Dollar General currently has approximately 8+ years remaining on the current term with four (4), five (5) year options remaining. The property is located along N. Main Street on the north side of Jellico, TN. Jellico is a city in Campbell County, TN, along the Tennessee/Kentucky border between Knoxville, TN and Lexington, KY. Jellico is included as part of the Knoxville MSA. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. *Lease Type Description: Landlord shall maintain, repair, and replace, at its sole cost and expense, all structural and exterior aspects of the Demised Premises. Tenant shall reimburse Landlord for actual, reasonable costs of the maintenance and repair of the Parking Area. Tenant shall maintain and repair the non-structural aspects of the interior of the building during the term of the Lease. Tenant shall maintain, repair, and replace the HVAC equipment at its expense. However, if HVAC replacement is required during the final two years of the lease, then the replacement costs shall be amortized according to the Lease. (source: Lease)
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Highlights

  • NN+ Single Tenant Investment Opportunity
  • 8+ Term Remaining with Four (4), Five (5) Year Options
  • DG executed a rare early extension in 2022
  • 10% Increases Per Option
  • Corporate Guarantee by Dolgencorp, LLC

Attachments

Getting around

  • 25/100

    Walk Score ®

  • 44/100

    Bike Score ®

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Location

  • City Jellico, TN
  • Neighborhood Jellico
  • Zip Code 37762

Points of Interest

  • Exxon

    1.00 miles

  • Shell

    1.00 miles

  • car parking

    1.18 miles

  • truck parking

    1.19 miles

  • McDonald's

    0.93 miles

  • Subway

    0.96 miles

  • Arby's

    0.98 miles

  • Wendy's

    0.99 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Brian Phillips, CCIM

Randall Commercial Group