NNN Retail
For Sale
Contact for pricing
1050 Ellington Drive, Milan, TN 38358
Dollar General retail site with pylon signage, surface parking, and direct access from Ellington Drive.
Property Size8,625 SF
Days on Market145
Property Features for 1050 Ellington Drive
General Information
Standard status
Active
Size
8,625 SF
Property subtype
Retail
Financials
Asking Price
$621,176
Cap Rate
8.5%
Site & Location
Pylon Signage
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
InCommercial Inc
Listed By:
Sam Derse · License #IL
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InCommercial Inc
Investment Insights
Based on property information with market context.
This NNN retail property comprises an 8,625-square-foot Dollar General location in Milan, Tennessee. The building is supported by pylon signage and surface parking, with frontage and access along Ellington Drive. Dollar General is publicly traded on the New York Stock Exchange under symbol DG.
The site sits just east of the signalized intersection of Ellington Drive and 1st Street. The lease term runs through December 2022, and the property is offered for sale at an 8.5% cap rate.
The site sits just east of the signalized intersection of Ellington Drive and 1st Street. The lease term runs through December 2022, and the property is offered for sale at an 8.5% cap rate.
Key Highlights
- 8,625 SF Dollar General retail property
- NNN property with an 8.5% cap rate
- Lease term runs through December 2022
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 38358, TN
12,153
Population
5,113
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
82.7 sq mi
ZIP Area
147
Density / Sq Mi
$65,537
Median Household Income
$39,429
Median Earnings
$808
Median Rent
$157,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Dollar General retail site with pylon signage, surface parking, and direct access from Ellington Drive.
Where is this nnn property located?
The property is located at 1050 Ellington Drive Milan, TN.
What are key features of this property?
This property features: 8,625 SF Dollar General retail property; NNN property with an 8.5% cap rate; Lease term runs through December 2022
