605 W Market St - Freestanding FOR SALE


Bolivar, TN 38008
$1,400,000 USD
865-705-8675
605 W Market St, Bolivar, TN for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/11
null | 7.79% Cap Rate

605 W Market St
Bolivar, TN 38008


HIGHLIGHTS

  • Store is scheduled to go Dark end of January 2026
  • Tenant continues all rent & expenses - 5+ years remaining
  • Passive income and strong value-add potential through re-tenanting or a lease buy-out
  • Absolute Net Lease – No landlord responsibilities. 1031 opportunity in a Tax-Free state
  • Attractive Store Built in 2015

OVERVIEW

A Family Dollar located on a main commercial corridor in Bolivar, Tennessee. Built in 2015 and approx. 8,344 square feet on a 0.82-acre parcel. While the store is scheduled to go dark at the end of January 2026, it remains under a corporate-guaranteed absolute NNN lease with over five years remaining and no landlord responsibilities. Rent payments and all expenses will continue to be paid by Family Dollar, including a 10% rent increase starting April 1, 2026. The asset offers passive income and strong value-add potential through re-tenanting or a lease buy-out. 1031 opportunity in a tax-free state. Offered at an 8% Cap Rate on 10% rent increase starting April 1, 2026. 7.8% cap on 2026 rent. Bolivar is the county seat of Hardeman County, TN and is between Nashville and Memphis.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

7.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

B-1

APN/PARCEL ID

070P-N-009.00

ASK ABOUT THIS PROPERTY

Steve GoldmanGoldman Partners Realty, LLCMore Info
865-705-8675

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Steve GoldmanGoldman Partners Realty, LLCMore Info
865-705-8675

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