4500 Grundy Quarles hwy - Retail FOR SALE


Bloomington Springs, TN 38545
$1,558,941 USD
800-558-5464
4500 Grundy Quarles hwy, Bloomington Springs, TN for Sale
$1,558,941 USD
Retail - FOR SALE
1/1
null | 8.5% Cap Rate

4500 Grundy Quarles hwy
Bloomington Springs, TN 38545


OVERVIEW

Family Dollar Tree 4500 S Grundy Quarles Hwy, Bloomington Springs, TN 38545 Jackson County 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 Nashville and Knoxville ***This Property has common ownership with J.P. King.*** Financial Summary Price:$1,558,941 Cap Rate: 8.5% Building Size:10,500 SF Net Cash Flow:$132,510 Year Build/Renovated: Under Construction Lot Size:1.06Acres Lease Summary Lease Type: Double-Net (NN) Lease Tenant: Family Dollar/Dollar Tree Guarantor: Family Dollar Stores of Tennessee, LLC Roof & Structure: Landlord Responsible Lease Commencement Date: January 2, 2024 Lease Expiration Date: January 3, 2034 Lease Term: 10 Years Rental Increases:$.50psf Every 5 Years Beginning in Options Renewal Options: 5, 5 Year Options Right of First Refusal: None Annualized Operating Data Lease Years - 1/2/2024-1/3/2034 Annual Rent - $132,510.00 Cap Rate - 8.5% Base Rent - $132,510 Net Operating Income - $132,510 Total Return - $132,510

FOR SALE DETAILS

PRICE

$1,558,941 USD

PRICE/SF

$148 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree – Bloomington Springs, TN

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

093-038.02

ASK ABOUT THIS PROPERTY

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.

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.