List Search

601 US Hwy 51 Hwy
Troy, TN 38260

$1,620,000 USD

Storefront For Sale  •  10,500 SF

Property Details

  • Property Type Storefront
  • Total Building Size 10,500 SF
  • Lot Size 28.21 AC
  • Building Class B
  • Year Built 2024
  • Tenancy Single
  • Zoning CS
0 Transit Score
31 Walk Score

Highlights

Build-to-Suit Family Dollar Tree Combo Store with over 9 years remaining on the initial 10-year lease with minimal landlord responsibilities
Located in a middle-class area with over 4,201 residents and an average household income of $72,300 within a 5-mile radius of the site
The lease is corporately guaranteed by Family Dollar; Investment grade credit (S&P: BBB)
The lease provides an investor with a hedge against inflation with 4% rental increases every option period
High quality 10,500 square foot single-tenant retail building that was completed in 2023
Dollar Tree & Family Dollar combo stores have reported 20% higher sales volume than non-combo stores

Amenities

  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc