40 Hickory Ridge Ln - Retail FOR SALE


Hartsville, TN 37074
$1,586,859 USD
248-833-6601
40 Hickory Ridge Ln, Hartsville, TN for Sale
$1,586,859 USD
Retail - FOR SALE
1/3
null | 6.4% Cap Rate

40 Hickory Ridge Ln
Hartsville, TN 37074


HIGHLIGHTS

  • Absolute NNN lease providing passive ownership with minimal landlord responsibilities
  • Tennessee is a No Income Tax State
  • Ranked in the 73% Nationwide and 76% Statewide for store visits per Placer.ai
  • 11.5 Years Remaining on the Lease

OVERVIEW

Exclusive Realty is pleased to present an Absolute NNN leased Dollar General Market investment opportunity located in the city of Hartsville. Situated in Trousdale County, Hartsville serves as the county seat and a key commercial hub for the surrounding rural communities of Middle Tennessee. The property benefits from its strategic location within driving distance of the greater Nashville metropolitan area, providing access to a strong and expanding regional economy. The area is supported by a stable employment base including Trousdale Turner Correctional Center, along with local government, education, and small business sectors. Hartsville offers essential amenities including schools, local retail, restaurants, and healthcare services, while nearby recreational attractions such as Old Hickory Lake and regional parks contribute to quality of life and consistent community activity. The tenant, Dollar General Market, represents an enhanced grocery-focused format by Dollar General, offering fresh produce, refrigerated and frozen foods, and an expanded selection of everyday essentials in addition to traditional general merchandise. With more than 19,000 locations nationwide, Dollar General continues to expand its Market concept to meet growing demand for convenient grocery options in underserved areas. The Hartsville location benefits from a stable population base, limited direct competition, and strong demand for value-oriented retail within a rural trade area. This Absolute NNN investment provides passive ownership with minimal landlord responsibilities and stable long-term income backed by a nationally recognized tenant.

FOR SALE DETAILS

PRICE

$1,586,859 USD

PRICE/SF

$124 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

R1

APN/PARCEL ID

019M-C-017.25,027D-C-017.00

ASK ABOUT THIS PROPERTY

Steve SagmaniExclusive RealtyMore Info
248-833-6601

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Steve SagmaniExclusive RealtyMore Info
248-833-6601

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