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Family Dollar - Dollar Tree 2050 US Highway 64 Hwy

7,644 SF Retail Building Whiteville, TN 38075 $2,542,312 CAD ($333 CAD/SF) 6.75% Cap Rate

Investment Highlights

  • Corporate Guaranteed Lease - By Dollar Tree, Which Is Rated Bbb By Standard & Poor’s And Baa2 By Moody’s.
  • Income Tax Free State.
  • Long Term Lease With 10 Years Of Firm Term Remaining With 4 (5) Year Options.
  • Rental Increases Every Option Period. See Lease Summary For Details.
  • 2024 Build-To-Suit New Construction.

Executive Summary

Helios Investment Services Is Pleased To Present Exclusively For Sale The 10,500 Sf Single Tenant, Free Standing Building Leased To Family
Dollar Stores Of Tennessee, Llc At 2068 Highway 64 In Whiteville, TN.
This Deal Includes A 10 Year Primary Term (Approximately 10 Years Remaining) Double Net (NN) Lease With Minimal Landlord
Responsibilities, A Corporate Guarantee, And Rental Increases At The Beginning Of Every Option, Providing For A Secure Investment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,644 SF
Building Class
B
Year Built
2024
Price
$2,542,312 CAD
Price Per SF
$333 CAD
Cap Rate
6.75%
NOI
$171,606 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC

Nearby Major Retailers

CB&S Bank
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
046-054.03
Land Assessment
$11,396 CAD
Improvements Assessment
$182,230 CAD
Total Assessment
$193,626 CAD
  • Listing ID: 31061740

  • Date on Market: 2024-02-27

  • Last Updated:

  • Address: 2050 US Highway 64 Hwy, Whiteville, TN 38075

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