2147 Watts Bar Hwy - Retail FOR SALE
Spring City, TN 37381 |
$1,314,475 USD
214-692-2289
2147 Watts Bar Hwy
Spring City, TN 37381
HIGHLIGHTS
- 2018 build-to-suit construction for Dollar General
- Attractive 7.15% cap rate for a stabilized deal
- ±7.5 years remaining on an initial 15-year lease, which includes Five, 5-year extension options
- 10% rent increases in each of the extension periods
- Corporately guaranteed lease from Dollar General Corporation (S&P: BBB)
- Tennessee is an income tax free state
FOR SALE DETAILS
PRICE
$1,314,475 USD
PRICE/SF
$165 USD /SF
CAP RATE
7.15%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
043-083.00
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214-692-2289
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214-692-2289
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