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Dollar General 150 Cedar Ln 9,230 SF Retail Building Allons, TN 38541 $976,056 ($105.75/SF) 7.15% Cap Rate
Investment Highlights
- 6.75 Years of Guaranteed Lease Term (Lease Exp: February 2033)
- 9,230 SF Building - 2.16 Acre Parcel
- Located 13 Miles from Dale Hollow Lake - 27,700 Acre Reservoir Spanning 620 Miles - Attracts 3 Million Visitors Each Year
- 2018 Build-to-Suit Construction
- Absolute NNN Lease with ZERO Management Responsibilities
- Allons is Located Approximately: 24 Miles from Cookeville, TN; 105 Miles from Nashville, TN; and 111 Miles from Knoxville, TN
Executive Summary
Schuchert Retail Group is pleased to exclusively present for sale the 9,100 SF Dollar General located at 200 Blackman Blvd E, Wartrace, TN 37183.?
In Conjunction With: Angela Heering (Turner & Associates Realty, Inc.?)
TN License #317503
In Conjunction With: Angela Heering (Turner & Associates Realty, Inc.?)
TN License #317503
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,230 SF
Building Class
B
Year Built
2018
Price
$976,056
Price Per SF
$105.75
Cap Rate
7.15%
NOI
$69,788
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.16 AC
Parking
31 Spaces (3.36 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Feb 2033
Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Feb 2033 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $325,855 | |
| Land Assessment | $20,175 | Total Assessment | $346,030 |
Property Taxes
Parcel Numbers
Land Assessment
$20,175
Improvements Assessment
$325,855
Total Assessment
$346,030
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Dollar General | 150 Cedar Ln
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