333 S Shady St - Freestanding FOR SALE


Mountain City, TN 37683
$1,434,352 USD
407-913-9009
333 S Shady St, Mountain City, TN for Sale
$1,434,352 USD
Freestanding - FOR SALE
1/5
null | 6.8% Cap Rate

333 S Shady St
Mountain City, TN 37683


HIGHLIGHTS

  • Tennessee is one of the most desired retail markets in the country due to its rising population and no state income tax for its citizens.
  • The lease is guaranteed by an investment grade tenant in Dollar General Corporation (S&P:BBB).

OVERVIEW

Rare Lease Structure: 15-year absolute NNN lease (~13 Years Remaining) with 5% rental bumps every 5 years during the base term and 10% at beginning of each option period. Long Term Tenancy: Dollar General has occupied since 2013 and recently extended 10-year lease term showing long term commitment to the site.

FOR SALE DETAILS

PRICE

$1,434,352 USD

PRICE/SF

$153 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

B-3

APN/PARCEL ID

048A-A-002.00

ASK ABOUT THIS PROPERTY

Connor ShellStream Capital PartnersMore Info
407-913-9009

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Connor ShellStream Capital PartnersMore Info
407-913-9009

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