2307 Billy Nance Hwy Clifton, TN 38425
High-performing Dollar Tree/Family Dollar combo
Overview
- Added:
- Feb 11
- Days on market:
- 74
Highlights
- $1,558,000 asking price for a 10,500 SF retail property.
- Brand new 2024 construction, 100% occupied by a credit-rated Dollar Tree/Family Dollar combo store with a corporate guarantee.
- NNN lease with 9.1 years remaining, commencing March 23, 2024, and expiring March 31, 2034, including four 5-year options with $0.50/SF rent increases.
- Strong NOI of $120,750, yielding a 7.75% cap rate and $148.38/SF price.
- Located on 1.19 acres in Clifton, TN, a tertiary market ideal for this store format, with high comp sales and strong demographics.
Property Details for 2307 Billy Nance Hwy
- Property type
- Retail properties, Retail space
- Square Feet
- 10,500 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 51,836 SF
Location Insight
- City
- Clifton
- County
- Wayne
- State
- Tennessee
- Latitude
- 35.3750893
- Longitude
- -87.9844445
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing Dollar Tree/Family Dollar combo
- Where is the retail property located?
- The property is located at 2307 Billy Nance Hwy Clifton, TN.
- What is the asking price?
- The asking price for this property is $1,558,000.
- What are key features of this property?
- This property features: $1,558,000 asking price for a 10,500 SF retail property.; Brand new 2024 construction, 100% occupied by a credit-rated Dollar Tree/Family Dollar combo store with a corporate guarantee.; NNN lease with 9.1 years remaining, commencing March 23, 2024, and expiring March 31, 2034, including four 5-year options with $0.50/SF rent increases.
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