113 Lifestyle Way Hwy - Freestanding FOR SALE


Benton, TN 37307
$2,256,581 USD
662-638-0722
113 Lifestyle Way Hwy, Benton, TN for Sale
$2,256,581 USD
Freestanding - FOR SALE
1/3
null | 6.65% Cap Rate

113 Lifestyle Way Hwy
Benton, TN 37307


HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • Located in the Cleveland, TN MSA and Chattanooga Combined Statistical Area
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Increases Per Option
  • Corporate Guarantee by Dolgencorp, LLC

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General Market located in Benton, TN. The subject property has a 15-year, NNN lease with an estimated delivery date of February 23, 2025. The property is located 113 Lifestyle Way, Benton, TN. The investment is located on Lifestyle Way on the northeast side of Benton, the seat of Polk County, close to downtown. Benton's 2020 estimated population is 1,532 and is a part of the Cleveland, Tennessee MSA which is part of the Chattanooga Combined Statistical Area. The Cleveland MSA is one of the largest industrial and manufacturing hubs in the state of Tennessee. Nearby points of interest include Chilhowee Mountain, the Hiwassee River, and the Ocoee River, offering a wealth of outdoor recreational activities that fuel the largest sector of the Polk County economy. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

FOR SALE DETAILS

PRICE

$2,256,581 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market | Benton, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.68 AC

LAND SF

116,741 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.