6359 Tennessee 90 - Freestanding FOR SALE


Clairfield, TN 37715
$1,294,777 USD
954-703-3602
6359 Tennessee 90, Clairfield, TN for Sale
$1,294,777 USD
Freestanding - FOR SALE
1/7
null | 7.2% Cap Rate

6359 Tennessee 90
Clairfield, TN 37715


HIGHLIGHTS

  • Over 12 Years Remaining | Options to Extend | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along State Hwy 90 | Limited Competition | Clairfield Elementary School | Excellent Visibility
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

The tenant currently has over 12 years remaining with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation. As of May 3, 2024, the Company’s 20,149 Dollar General, DG Market, DGX and pOpshelf stores across the United States

FOR SALE DETAILS

PRICE

$1,294,777 USD

PRICE/SF

$144 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | 12+yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

C

APN/PARCEL ID

023 01209

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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