11464 Scott Hwy Helenwood, TN 37755

This recently constructed Family Dollar store, built in 2023, offers approximately 10,500 square feet of space and is situated on an approximately 1.31-acre parcel on U.S. Hwy 27 in Helenwood, Tennessee. The location benefits from traffic of over 12,800 vehicles per day. The surrounding area within a 10-mile radius has a population of almost 20,000, with an average household income of $58,267. Several area employers are within two miles of the Family Dollar, including Great Dane, Tennier Industries, Armstrong Flooring, Tennessee College of Applied Technology, and Scott High School. The 10-year NN lease runs through February of 2034 with four 5-year renewal options. Landlord responsibilities primarily include roof, structure and capital repairs to the parking lot. The tenant fully reimburses the landlord for property taxes and insurance and is responsible for all other maintenance, grounds care and HVAC. The lease is guaranteed by Family Dollar, which specializes in providing value and a large product and limited grocery selection to smaller communities. The property is located approximately 57 miles northwest of Knoxville.