2455 Lake Rd - Retail FOR SALE


Dyersburg, TN 38024
$3,402,000 USD
404-934-5558
2455 Lake Rd, Dyersburg, TN for Sale
$3,402,000 USD
Retail - FOR SALE
1/5
null | 4.85% Cap Rate

2455 Lake Rd
Dyersburg, TN 38024


HIGHLIGHTS

  • Brand new 15-year absolute NNN lease with 10% bumps every 5 years
  • Regional trade area and only Chipotle within a 40-mile radius
  • Directly across Walmart (2.6M visits) and outparcel to brand new Aldi
  • Stable employment base | Ermco (1,100+ employees), NSK (600+ employees), Rough Country (240 employees), Nortek Global (215 employees) and more
  • Proximity to DSCC (3,100+ students) and West Tennessee Healthcare (225 beds)
  • $116,000+ AHHI and strong daytime population within a 1-mile radius

OVERVIEW

TSCG is pleased to offer for sale a brand new 15-year absolute NNN Chipotle in Dyersburg, TN. The Property is situated along Lake Rd (~25,000 VPD) on an outparcel to a future Aldi with cross-access to a new Zaxby’s. Dyersburg is a super-regional trade area anchored by Walmart (2.6M visits), Commons of Dyersburg (1.7M visits), Lowe’s (750K visits), Kroger and more. The Dyersburg community is served by a strong industrial/manufacturing base, 3,100+ student Dyersburg State Community College and West Tennessee Healthcare Dyersburg Hospital (225 beds). Chipotle’s benefits from its lack of competition as this is the only Chipotle location within a 40-mile radius.

FOR SALE DETAILS

PRICE

$3,402,000 USD

PRICE/SF

$1,463 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New 15-Year Chipotle

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

404-934-5558

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404-934-5558

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