Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 715 E Main Street in Adamsville, Tennessee. This investment is being offered at $775,000 which represents an 9.08% capitalization rate.
The subject property was built to suit for Dollar General in 1997 and encompasses approximately 8,400 rentable square feet. This location has been fully occupied by Dollar General for over 30 years, with the lease recently being renewed for an additional five years. Furthering the tenants continued commitment to this site, there will be an upcoming interior store remodel taking place in July of 2025. All remodeling costs will be at the tenant's expense. The tenant reimburses the landlord for taxes, pay insurance through their national carrier and contributes $250 each month towards common area maintenance. The landlord is responsible for common area maintenance, roof and structure.
Adamsville, Tennessee is in south central Tennessee, located approximately two hours from both Memphis and Nashville. Situated along E Main Street, this site benefits from robust traffic exposure passing the site each day and serves as the essential retailer for residents in town.