NNN Retail Property with Corporate
For Sale
Contact for pricing
26119 Main St, Ardmore, TN 38449
Dollar General Market occupies the property under a long-term NN lease with scheduled rental increases during the option period.
Property SizeContact for details
Days on Market144
Property Features for 26119 Main St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
8.25%
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Trinity Real Estate Investment Services
(325) 864-9775
Listed By:
Branson Blackburn · License #TX 611825
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:57PM
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 NNN retail property is occupied by Dollar General Market under a corporate guarantee. The tenant entered a 15-year NN lease in 2006, with 5% rental increases during the option period; the first option has been exercised, leaving 6.5+ years remaining. The property is located at 26119 Main St in Ardmore, Tennessee, along Main Street and TN HWY 7.
More than 10,000 vehicles pass the property daily. Ardmore sits along the Tennessee-Alabama border and is 26 miles northwest of Huntsville. The surrounding area recorded 2% annual population growth over the past 8 years.
More than 10,000 vehicles pass the property daily. Ardmore sits along the Tennessee-Alabama border and is 26 miles northwest of Huntsville. The surrounding area recorded 2% annual population growth over the past 8 years.
Key Highlights
- Dollar General Market occupancy with corporate guarantee
- 15‑year NN lease commenced in 2006
- 6.5+ years remaining after exercise of the first option
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 34%
Groceries 19%
Piggly Wiggly
Groceries
9,738 visits/mo
0.1 miles
Shell
Shops & Services
9,447 visits/mo
0.5 miles
Dollar Tree
Shops & Services
7,823 visits/mo
0.1 miles
Hardee's
Dining
7,262 visits/mo
0.2 miles
Burger King
Dining
7,139 visits/mo
0.1 miles
Demographics for 38449, TN
3,001
Population
1,539
Households
1.9
Avg Household Size
46
Median Age
23%
College-Educated
84%
High-School Grad
58.6 sq mi
ZIP Area
51
Density / Sq Mi
$65,671
Median Household Income
$41,250
Median Earnings
$1,022
Median Rent
$219,400
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 Market occupies the property under a long-term NN lease with scheduled rental increases during the option period.
Where is this nnn property located?
The property is located at 26119 Main St Ardmore, TN.
What are key features of this property?
This property features: Dollar General Market occupancy with corporate guarantee; 15‑year NN lease commenced in 2006; 6.5+ years remaining after exercise of the first option
