Family Dollar NN Investment Opportunity | 9.25% Cap Rate | Bruceton, TN

This property is located in Bruceton, TN.Opportunistic investor wanted! Collect $130K in rent from this ±10,500 SF “dark” dollar store built in 2024. Located in Western Tennessee, it offers investors the opportunity to collect rent while seeking a new tenant to repurpose the location. The NN lease runs through June 2034 and is corporate guaranteed by Family Dollar. The property is in Bruceton (Carroll County), which has a population of over 29,000, and is situated midway between Memphis and Nashville. Other similar municipalities make up the remainder of this area, which is known for its weather and many outdoor recreational options. Some of the largest employers in the Carroll County area include Bethel University, Republic Doors & Frames, Baptist Memorial Hospital, and Walmart. The 10-mile population exceeds 16,000. The lease is corporately guaranteed by Family Dollar, now owned by private equity firms Brigade Capital Management and Macellum Capital Management, which also own several discount retailers such as Kohl’s, Big Lots, Bed Bath & Beyond, and others. Priced at $1,413,243 or a 9.25% cap.