2307 Billy Nance Blvd - Freestanding FOR SALE


Clifton, TN 38425
$1,610,000 USD
404-832-1251
2307 Billy Nance Blvd, Clifton, TN for Sale
$1,610,000 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

2307 Billy Nance Blvd
Clifton, TN 38425


HIGHLIGHTS

  • Brand new 2024 Family Dollar Tree with a new 10-year lease in place
  • Proven Market: Tertiary Markets for Family Dollar Tree combo stores, with comp sales that exceed 20%, providing higher gross profit
  • NNN lease with landlord responsinbilites being only roof and structure
  • Average Household Income of $74,994 within a 5-mile radius; Ideal for the Combo Store demographics
  • Located just across the street from Columbia State Community College: Just over 5,000 enrolled in most recent public figures, brings consistent traffi

OVERVIEW

Franklin Street is pleased to present this Family Dollar Tree combo store in Clifton, Tennessee. Clifton is located in Wayne County in Southwestern Tennessee along the banks of the Tennessee River. The property is located on Billy Nance Boulevard, which serves as the major thoroughfare of Clifton and connects to neighboring town Clifton-Junction. Along Billy Nance Boulevard is the Clifton Highway Brudge, the only bridge that serves Clifton across the Tennessee River and the only bridge across the river until neighboring Savannah, 20 miles south. Clifton was originally developed as a river port, and the town still revolves around the river as a localized distribution hub and a tourist attraction. The TS Stribling Museum, dedicated to the famed American writer born and raised in Clifton, and Ross Creek Landing, a Jack Nicklaus signature golf course, serve as pillars for the tourism economy of Clifton. The property is located caddy corner to Columbia State Community College, which had just over 5,000 enrolled in its most recent public figures. Family Dollar Tree continues to roll out the combo store format into rural areas of the country to help fill immediate voids for local residents. The concept has over 1,200 stores open, with hundreds of markets identified for future sites. The combo store format is one that Dollar Tree, the parent company, plans to stay committed to for tertiary markets. This new construction Family Dollar Tree is on a newly executed 10-year NNN lease, with the only landlord responsibilities being to the roof and structure. Other retailers in the immediate vicinity include Dollar General, Wayne County Bank, and Marathon.

FOR SALE DETAILS

PRICE

$1,610,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

-

APN/PARCEL ID

050-020.01,091050 02003

ASK ABOUT THIS PROPERTY

Bryan BelkFranklin Street Real Estate ServicesMore Info
404-832-1251

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

Bryan BelkFranklin Street Real Estate ServicesMore Info
404-832-1251

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