NNN Dollar General Store

NNN Dollar General Store

Sold

2906 Mentor Rd | Louisville, TN

$1,542,000 Marketing Sheet

The subject property is an existing Coroporate Dollar Store ($6B - NYSE) consisting of approximately 9,026 square feet situated on approximately 1.72 acres of land situated in the city of Louisville, Tennessee.

 

Louisville is a town in Blount County, Tennessee, United States. Its population was 2,001 at the 2000 census and 2,439 at the 2010 census. It is included in the Knoxville, Tennessee Metropolitan Statistical Area.

 

The Louisville area was settled in the early 1800s, and its situation on the Tennessee River helped it grow into a key flatboat and steamboat port. It was incorporated in 1851. The town's namesake is unknown, although some have suggested that its name was influenced by the French King Louis Philippe, who visited the area in the late 1790s. In 1974 Louisville's downtown was declared a national historic district by the National Register of Historic Places

Cap Rate: 6.25% NOI: $96,394 Livable Sq. Ft: 9,026

Built in 2014 units Lot Sq. Ft: 74,923

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