4968 Highway 127 S - Retail FOR SALE


Crossville, TN 38572
$1,316,616 USD
214-692-2289
4968 Highway 127 S, Crossville, TN for Sale
$1,316,616 USD
Retail - FOR SALE
1/3
null | 7% Cap Rate

4968 Highway 127 S
Crossville, TN 38572


HIGHLIGHTS

  • 2018 build-to-suit construction for Dollar General
  • ±7.5 Years remaining on an initial 15-year lease, which includes Five, 5-Year extension options all of which include a 10% rent increase
  • Absolute NNN lease structure with zero management responsibilities
  • Corporately guaranteed lease from Dollar General Corporation (S&P: BBB)
  • Tennessee is an income tax free state
  • Located along Highway 127 S with average daily traffic counts exceeding ±11,000 vehicles

OVERVIEW

Broker of Record Hutt Cooke License # 263667, 356505 (TN) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,316,616 USD

PRICE/SF

$164 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

A

APN/PARCEL ID

018139 05006

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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