1755 Dr Db Todd Jr Blvd - Freestanding FOR SALE


Nashville, TN 37208- Germantown
$1,295,637 USD
813-697-1255
1755 Dr Db Todd Jr Blvd, Nashville, TN for Sale
$1,295,637 USD
Freestanding - FOR SALE
1/5
null | 7.1% Cap Rate

1755 Dr Db Todd Jr Blvd
Nashville, TN 37208
Germantown


HIGHLIGHTS

  • Long Term Tenant
  • Attractive Rent Increases
  • Zero Management Responsibilities
  • Investment Grade Credit
  • Strategic Location
  • Limited Competition

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 1755 Dr. DB Todd Jr. Boulevard in Nashville, TN (the “Property”). Constructed in 2015, Dollar General has 6 years remaining on their Triple Net lease followed by three (3), 5-year renewal options. The lease features attractive 10% rent increases at the start of each renewal option. The Dollar General is strategically located at the signalized intersection of Dr. DB Todd Jr. Boulevard and Buchanan Street in North Nashville, just minutes from the heart of downtown. The Property benefits from excellent visibility and frontage, with two points of access and ample parking, and is in close proximity to the area’s major thoroughfares that provide convenient access across the city and region. The location is within a mile of Fisk University, Meharry Medical College, and Tennessee State University, and is surrounded by a mix of residential neighborhoods, local businesses, and community institutions. The Dollar General also benefits from proximity to Nashville’s Midtown and Germantown districts, both vibrant areas known for dining, retail, and cultural attractions.

FOR SALE DETAILS

PRICE

$1,295,637 USD

PRICE/SF

$173 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

CS

APN/PARCEL ID

081-11-0-073

ASK ABOUT THIS PROPERTY

Chris KingHorvath & TremblayMore Info
813-697-1255

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Chris KingHorvath & TremblayMore Info
813-697-1255

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