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- LoopNet Team
3563 Highway 70 E
Spring Creek, TN 38378
Dollar General · Retail Property For Sale
PROPERTY FACTS
About 3563 Highway 70 E , Spring Creek, TN 38378
The subject property is a triple net leased free standing newly constructed Dollar General. There are over 13 years remaining on an initial 15 year term. The lease is NNN with zero landlord responsibilities. There are 5 five year options each with a 10% increase. The lease is guaranteed by Dollar General (NYSE:DG) which has an investment grade credit rating of S&P BBB. The property is being offered at a 6.75% cap rate. The subject property is located in Jackson, TN along the main retail corridor adjacent to several national retailers.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $247,800 |
Land Assessment | $42,560 | Total Assessment | $290,360 |
PROPERTY TAXES
- 020A-A-003.00
- 020A-A-003.01
Learn More About Investing in Retail Properties
Listing ID: 4575679
Date on Market: 10/10/2016
Last Updated:
Address: 3563 Highway 70 E, Spring Creek, TN 38378
The Retail Property at 3563 Highway 70 E, Spring Creek, TN 38378 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.