605 W Market St - Freestanding FOR SALE
Bolivar, TN 38008 |
$1,312,941 USD
813-725-2182
605 W Market St
Bolivar, TN 38008
HIGHLIGHTS
- Strategic Retail Corridor Location: Positioned along West Market Street (US-64), Bolivar’s primary commercial artery
- Corporate Lease Guaranty: The lease is backed by Family Dollar, supporting contractual rental income for the remaining five years of the lease term
- Potential Lease Buyout Opportunity: With the tenant no longer operating at the site but continuing to pay rent
- Absolute NNN Lease Structure: The lease provides for no landlord responsibilities related to roof, structure, taxes, or maintenance
- Below Replacement Cost Basis: The 2015-built, 8,000+ SF retail shell offers investors, tenants, or owner-users a cost-efficient alternative
- Tennessee Tax Advantage: Located in an income tax-free state, the asset may appeal to out-of-state and 1031 exchange investors
FOR SALE DETAILS
PRICE
$1,312,941 USD
PRICE/SF
$157 USD /SF
CAP RATE
8.5%
% 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
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813-725-2182
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813-725-2182
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