1207 S Meridian St
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1207 S Meridian St
16,500 SF Retail Building Greenfield, TN 38230 $1,034,482 ($63/SF) 7.25% Cap Rate
Investment Highlights
- 16,500 SF free-standing building
- Priced well below replacement cost
- Prime location in Greenfield
- Rent is below market rate
Executive Summary
Dollar General For Sale – Greenfield, TN. Exceptional investment opportunity! This 16,500 sq. ft. Dollar General is perfectly situated on a 1.60-acre lot just south of downtown Greenfield. Boasting a solid Net Operating Income (NOI) of $75,000, this property is set to deliver even greater returns with a 10% rent increase scheduled for 2026.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,500 SF
Building Class
C
Year Built
1999
Price
$1,034,482
Price Per SF
$63
Cap Rate
7.25%
NOI
$75,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
1.60 AC
PROPERTY TAXES
Parcel Number | 155-036.01 | Improvements Assessment | $289,400 |
Land Assessment | $9,600 | Total Assessment | $299,000 |
PROPERTY TAXES
Parcel Number
155-036.01
Land Assessment
$9,600
Improvements Assessment
$289,400
Total Assessment
$299,000
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1207 S Meridian St
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