- For Sale $1,000,000
- Property Type Retail
- Property Size 16,536 SF
- Lot Size 3.1 Acre
- Cap Rate % 8
- Date Updated Jan 23, 2025
Description
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
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Contacts
Matthews Real Estate Investment Services
Matthews Real Estate Investment Services