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Dollar General Plaza - McKenzie, TN

3 Retail Properties Offered at $1,800,000 in Mc Kenzie, TN

Investment Highlights

  • Adjacent to Major Intersection - Highest Traffic Count in the county - Access from Highland Drive (Highway 79) & Highway 22
  • Dollar General extended-term through 2031 (5 5-year options available); Subway extended-term through 2033 (2 5-year options available)
  • Quality Construction: Over 17,500 square feet (steel framing); MAJOR REMODEL underway at DOLLAR GENERAL; Subway recently remodeled
  • This Dollar General received TOP 5% AWARD - top 5% of Dollar General Stores NATIONALLY (** NUMBER ONE in DISTRICT Sales **)
  • Strong Surrounding Demographics to Support Dollar General's Business Mode -Additional customer base from Bethel University not included in population
  • Nearby retailers include McDonald's, Regions Bank, Domino's Pizza, & O'Reiley Auto Parts

Executive Summary

DOLLAR GENERAL PLAZA
Dollar General (12,000 sq ft); Factory Connection (4,000 sq ft) & Subway (1,567 sq ft)
Adjacent to Major intersection with HIGHEST TRAFFIC COUNT IN COUNTY!!!
Anchor Tenant is a top performing Dollar General store.
FOR SALE BY OWNER
The Perkins Corporation; PO BOX 490; McKenzie, TN 38201; dperkins@aeneas.net; 731-352-2189

Data Room Click Here to Access

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $1,800,000
Price / SF $102.46 / SF
Cap Rate 8%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 17,567 SF
Total Land Area 2.21 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Factory Connection
15687 Highland Dr, Mc Kenzie, TN 38201
Retail 4,000 SF 2000 -
Dollar General
15671 Highland Dr, Mc Kenzie, TN 38201
Retail 12,000 SF 2005 -
Subway
15681 Highland Dr, Mc Kenzie, TN 38201
Retail 1,567 SF 2002 -
Show More > < Show Less
  • Listing ID: 32139369

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: Dollar General Plaza - McKenzie, TN, Mc Kenzie, TN

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