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Dollar General 715 E Main St 8,400 SF Retail Building Adamsville, TN 38310 $813,642 ($96.86/SF) 9.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Minimal Landlord Responsibilities
- Tennessee Is An Income Tax Free State
- High Yielding Asset
- Strong Corporate Tenant
EXECUTIVE SUMMARY
The subject property was built to suit for Dollar General in 1997 and encompasses approximately 8,400 rentable square feet. This location has been fully occupied by Dollar General for over 30 years, with the lease recently being renewed for an additional five years. Furthering the tenants continued commitment to this site, there will be an upcoming interior store remodel taking place in July of 2025. All remodeling costs will be at the tenant's expense. The tenant reimburses the landlord for taxes, pay insurance through their national carrier and contributes $250 each month towards common area maintenance. The landlord is responsible for common area maintenance, roof and structure.
Adamsville, Tennessee is in south central Tennessee, located approximately two hours from both Memphis and Nashville. Situated along E Main Street, this site benefits from robust traffic exposure passing the site each day and serves as the essential retailer for residents in town.
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Nov 2029
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Nov 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 055O-C-003.05 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $133,320 |
PROPERTY TAXES
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Dollar General | 715 E Main St
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