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Dollar General 2318 Highway 160

9,026 SF Retail Building Newport, TN 37821 £916,412 (£102/SF) 7.44% Net Initial Yield

Investment Highlights

  • 15-year absolute NNN lease with close to 8 years of term remaining
  • Hassle free investment opportunity to receive "mailbox money"
  • Tenant is responsible for all property expenses
  • High credit Tenant with little competition in the immediate operating vicinity of the Property

Attachments

Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2016
Price
£916,412
Price Per SF
£102
Net Initial Yield
7.44%
NOI
£68,209
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Land Acres
5.00 AC
Parking
29 Spaces (3.21 Spaces per 1,000 SF Leased)

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PROPERTY TAXES

Parcel Number 014-076.01 Improvements Assessment £208,359
Land Assessment £8,679 Total Assessment £217,038

PROPERTY TAXES

Parcel Number
014-076.01
Land Assessment
£8,679
Improvements Assessment
£208,359
Total Assessment
£217,038
(864) 704-1040

  • Listing ID: 29597156

  • Date on Market: 22/09/2023

  • Last Updated:

  • Address: 2318 Highway 160, Newport, TN 37821

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© 2024 CoStar Group

Dollar General | 2318 Highway 160
(864) 704-1040 x

Dollar General | 2318 Highway 160

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Randall Bentley

(864) 704-1040

(864) 704-1040

Andrew Harrill

(864) 704-1040

(864) 704-1040

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