DOLLAR GENERAL

1200 W Church St, Alamo, TN 38001
$1,000,000

Cap Rate
8.00%
Year Built
2007
Leasable Area
16,536 SF
Term Remaining
±8 Yrs
Property Type
Retail

INVESTMENT HIGHLIGHTS:

  • 10% rental increase during initial term
  • Income tax-free state
  • Alamo, TN is located 60 miles northeast of Memphis.
  • Notable corporate tenants in the area include Sonic, AutoZone, Subway, Dairy Queen, NAPA Auto Parts, Dollar General
  • Easily accessible ingress and egress points
  • Over 5,000 residents within a 5-mile radius boasting an average household income of $63,005.
  • Less than a mile from Crockett County High School and Middle School – roughly 1,400 students currently enrolled
  • Dollar General Market concept – nearly double the size of a normal dollar store concept with an increased amount of consumable goods and essential household items.
  • This site is currently paying below market rent at $4.84 per sq/ft.
  • Former Fred’s Pharmacy – retrofitted to suit Dollar General Market in 2021

Broker of Record

  • Kyle Matthews
  • License No. 263667 (TN)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End Ave,
    Suite 1500 Nashville, TN 37203