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3155 Pulaski Hwy Frankewing, TN 38459

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For Sale
$1,079,507

Prime Retail Space, Excellent Lease Terms

Property size:
9,301 SF

Property Features for 3155 Pulaski Hwy

General Information

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

Building Details

Year Built
2016

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Listing Contact
Mike Legg

Listing Agency: LEGG AND COMPANY Listing Agent: Mike Legg

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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 Profile Insight Report Location Intelligence

Current Use by Public Records

FedEx OnSite Postal Service Dollar General Discount Store Western Union Bank

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

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.
More about this property
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