3237 Huntsville Highway
Fayetteville, TN
Price:
$1,669,643
Cap Rate:
5.65%
NOI:
$94,335
Building Size:
Approx. 9,180 Sq. Ft.
Lot Size:
Approx. 2.03 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,180+/- SF Building on 2.03+/- Acre Site
- 11+ Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 6 Option Periods
- Excellent Highway Location off of the Major Thoroughfare Huntsville Hwy (12K VPD)
- Tennessee is Projected to Add Nearly 1 Million New Residents by 2040
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Fayetteville | Close to the Tennessee & Alabama Border | Population: 7,000+