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    3155 Pulaski Hwy Frankewing, TN 38459

    For Sale
    $1,079,507

    Prime Retail Space, Excellent Lease Terms

    Property size:
    9,301 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional retail property, located at 3155 Pulaski Highway in Frankewing, Tennessee, presents a compelling investment opportunity. The 9,301 square foot building sits on a generous 2.51-acre lot, offering ample space and visibility. Currently leased to Dollar General (DG), the property boasts a strong, long-term lease agreement. The base lease period extends until April 30th, 2032, with three additional five-year renewal options available, providing significant lease stability and predictable income. The current tenant is responsible for maintenance and insurance expenses, while property taxes are paid by the owner and subsequently reimbursed by the tenant. This streamlined expense structure contributes to the property's attractive financial profile. The property offers a compelling 6.5% capitalization rate, making it an ideal addition to any diversified investment portfolio. Given the favorable lease terms, substantial lot size, and strong tenant occupancy, this retail center represents a rare opportunity to acquire a high-performing asset in a desirable location. The property's strategic location on Pulaski Highway ensures high traffic volume and excellent visibility, maximizing its potential for long-term success. This is a turnkey investment ready to generate immediate returns. Serious inquiries only.

    Property Features for 3155 Pulaski Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    9,301 SF
    Lot Size
    109,336 SF

    Building Details

    Year Built
    2016
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx OnSite Mailing Service Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankewing
    County
    Lincoln County, TN
    State
    Tennessee
    Longitude
    -86.79915
    Latitude
    35.19408

    Nearby Comparable

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    • $219,900

      23 Acres Near I-65 Exit

      23+/- acre fenced land parcel with pond and building site.
      Shaw Rd, Cornersville, TN 37047
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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Excellent Lease Terms
    Where is this retail property located?
    The property is located at 3155 Pulaski Hwy Frankewing, TN.
    What is the asking price?
    The asking price for this property is $1,079,507.
    (615) 446-2849
    Request Owner's contact information
    3155 Pulaski Hwy Frankewing, TN 38459
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    Frankewing, TN 38459
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3155 Pulaski Hwy Frankewing, TN 38459
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