New Family Dollar
224 North Main Street Lobelville, TN 37097
224 North Main Street, Lobelville, TN, 37097
$1,558,065
For Sale
$1,558,065
New construction Family Dollar store in Lobelville, Tennessee.
Days on Market113
Property Features for 224 North Main Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2024
Listing agency
(404) 832-1251
Listed by
Bryan Belk · License #GA (Broker of Record) #329335
Source
Franklinst
Added: Apr 1 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM
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 Bryan Belk
Investment Insights
Based on property information with market context.
This Family Dollar store is located in Lobelville, Tennessee, situated in Perry County along the Buffalo River. The property is positioned on North Main Street, a thoroughfare that runs through historic downtown Lobelville and connects the town to I-40, which is less than 10 miles away. Family Dollar is located on the main retail corridor of Lobelville and is less than a mile from the town's elementary school. As one of the few national tenants in the area, Family Dollar serves the needs of local residents and fits the tertiary markets that the combo store concept targets. The combo stores have over 1,200 stores open, with hundreds of markets identified for future sites. This new construction Family Dollar Tree Store is on a newly executed NNN lease, with the landlord only responsible for the roof and structure. Other retailers in the immediate area include Dollar General, the US Postal Office, Lobelville Liquor and Wine, Bold Wine Coffee Bar, Piggly Wiggly Xpress, and Marathon Gas. The average household income within a 5-mile radius is $83,223, which is ideal for the Family Dollar Tree model. The store has a 10-year initial term in place and four 5-year options with $0.50 PSF increases at each option. Dollar General and Piggly Wiggly Xpress are the only other discount store options in the immediate vicinity.
Key Highlights
- New 2024 Construction Family Dollar Tree combo store with a 10‑year NNN lease, minimizing landlord responsibilities (roof and structure only).
- Proven Market: Tertiary markets like Lobelville are target markets for Family Dollar Tree combo stores, with comp sales exceeding 20%.
- Strategic Location on the main retail corridor of Lobelville, near the elementary school and with easy access to I‑40.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - New construction Family Dollar store in Lobelville, Tennessee.
Where is this grocery and convenience store located?
The property is located at 224 North Main Street Lobelville, TN.
What is the asking price?
The asking price for this property is $1,558,065.
What are key features of this property?
This property features: New 2024 Construction Family Dollar Tree combo store with a 10‑year NNN lease, minimizing landlord responsibilities (roof and structure only).; Proven Market: Tertiary markets like Lobelville are target markets for Family Dollar Tree combo stores, with comp sales exceeding 20%.; Strategic Location on the main retail corridor of Lobelville, near the elementary school and with easy access to I‑40.