800-558-5464
2890 TN-66, Rogersville, TN for Sale
Storefront - FOR SALE
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2890 TN-66
Rogersville, TN 37857


HIGHLIGHTS

  • Price:$1,593,165
  • Cap Rate:8.5%
  • Building Size:10,500 SF

OVERVIEW

Family Dollar Tree 2890 Highway 66 S, Rogersville, TN 37857 Hawkins County, TN 1) large concrete parking lot with virtually zero maintenance 2) Dollar Tree (NASDAQ; DLTR) is a $26.32B revenue company with an investment grade (S&P: BBB) credit rating 3) Centrally located between Knoxville and Kingsport ***This Property has common ownership with J.P. King.*** Financial Summary Price:$1,593,165 Cap Rate:8.5% Building Size:10,500 SF Net Cash Flow:$135,419.00 Year Build/Renovated: 2024 Lot Size:2.05 Acres Lease Summary Lease Type: Double-Net (NN) Lease Tenant: Family Dollar/Dollar Tree Guarantor: Family Dollar Stores of Tennessee, LLC Roof & Structure: Landlord Responsible Lease Commencement Date: April 1, 2024 Lease Expiration Date: April 2, 2034 Lease Term: 10 Years Rental Increases: $.50psf Every 5 Years Beginning in Options Renewal Options: 5, 5 Year Options Right of First Refusal: None Annualized Operating Data Lease Years: 4/1/2024-4/2/2034 Annual Rent: $135,419.00 Cap Rate: 8.5% Base Rent - $135,419 Net Operating - $135,419 Income Total Return - $135,419

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree – Rogersville, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Drug Store, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

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STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

125-042.02

ASK ABOUT THIS PROPERTY

J.P KingJ.P. King Auction Co.More Info
800-558-5464

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J.P KingJ.P. King Auction Co.More Info
800-558-5464

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