601 US Hwy 51 Hwy - Storefront FOR SALE


Troy, TN 38260
$1,590,000 USD
310-620-8761
601 US Hwy 51 Hwy, Troy, TN for Sale
$1,590,000 USD
Storefront - FOR SALE
1/5
null | 7.5% Cap Rate

601 US Hwy 51 Hwy
Troy, TN 38260


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a Dollar Tree/ Family Dollar in Troy, TN. The tenant is signed to a 10-year corporate guaranteed net lease, which features (4) 4-year options and 4% rental increases in each option period. The building sits on approximately 1.10 acres of land and is located directly off U.S. Hwy 51. Dollar Tree acquired Family Dollar in 2015 and is considered the second largest discount retailer in the United States.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

28.21 AC

LAND SF

1,228,868 SF

ZONING

CS

APN/PARCEL ID

093-065.00

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
310-620-8761

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Zack HilgendorfAtlantic Capital PartnersMore Info
310-620-8761

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