Building Details

Year Built 1994

Tenancy Single

Listing Agency: Trinity Real Estate Investment Services c***@trinityreis.com Show Phone

Listed By: Cody Crist · License #TX 697980

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 12:41PM

Report an Issue

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 Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This single-tenant NNN retail property is occupied by Dollar General and was constructed in 1994. The lease was extended early in 2016 through December 31, 2024, and includes three additional five-year options with 10% increases.

The property is located at 230 E Court Ave in Selmer, Tennessee, along East Court Ave., which carries 16,000 VPD. It sits at the intersection of Poplar Ave and Mulberry Ave., identified as primary access roads serving the southeastern portion of Selmer. The site faces East Court Ave., providing the store with direct exposure to the corridor.

Key Highlights

• Dollar General occupancy with NNN lease structure
• Lease extended through December 31, 2024
• Three additional 5‑year options with 10% increases

Property Analytics

Current Use

Dollar General Discount Store Dixie Park Splash ... Family Recreation Center Selmer water park Family Recreation Center Western Union Bank Selmer mini dog ... Park

Suggested Use

Top Pick Auto Parts Store Electrical Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD

Traffic count

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

403

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 61% Dining 39%

Regions Bank Shops & Services

3,411 visits/mo 0.2 miles

Domino's Pizza Dining

2,142 visits/mo 0.5 miles

Demographics for 38375, TN

9,071

Population

4,162

Households

2.2

Avg Household Size

44

Median Age

14%

College-Educated

86%

High-School Grad

112.7 sq mi

ZIP Area

80

Density / Sq Mi

$50,108

Median Household Income

$42,245

Median Earnings

$677

Median Rent

$143,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Historic Storefront Building

133 W Court Ave, Selmer, TN 38375

$225,000

2,250 SF

View details

Retail Storefront with High Ceilings

137 W COURT Ave, Selmer, TN 38375

$139,900

View details

Storefront Property with Drive-Through

185 W COURT Ave, Selmer, TN 38375

$299,900

View details

Burger King Drive-Through Restaurant

645 Mulberry Ave, Selmer, TN 38375

Contact for pricing

View details

Medical Office Space with Parking

251 Oakgrove Rd, Selmer, TN 38375

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

NNN property - Single-tenant retail asset with an established Dollar General lease and multiple extension options.

Where is this nnn property located?

The property is located at 230 E Court Ave Selmer, TN.

What are key features of this property?

This property features: Dollar General occupancy with NNN lease structure; Lease extended through December 31, 2024; Three additional 5‑year options with 10% increases