Building Details

Year Built 2016

Listing Agency: Legg and Company Show Phone

Listed By: Mike Legg · License #257164 Show Phone

Source: Exitrealty

Added: Feb 22, 2024 Changed: Jul 6 Last Checked: Jul 23 at 7:03AM

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Investment Insights

Based on property information with market context.

This retail property features a base lease period with the current tenant expiring on April 30, 2032. The lease includes three extension periods of 5 years each. The owner is responsible for property taxes and invoices the tenant for reimbursement. The tenant covers maintenance and insurance expenses. The property has a 7.5% Cap Rate and a size of 9301 square feet.

Key Highlights

• Long‑term stable income with Dollar General (DG) base lease expiring 04/30/2032.
• Attractive 7.5% Cap Rate.
• Potential for extended income stream with three 5‑year extension periods.

Property Analytics

Property Profile

Current Use

FedEx OnSite Postal Service Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick HVAC Service

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

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 38459, TN

471

Population

251

Households

1.9

Avg Household Size

46

Median Age

26%

College-Educated

86%

High-School Grad

20.8 sq mi

ZIP Area

23

Density / Sq Mi

$85,000

Median Household Income

$45,650

Median Earnings

$252,000

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 grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Retail property with long-term tenant in place.

Where is this grocery and convenience store located?

The property is located at 3155 Pulaski Hwy Frankewing, TN.

What is the asking price?

The asking price for this property is $935,573.

What are key features of this property?

This property features: Long‑term stable income with Dollar General (DG) base lease expiring 04/30/2032.; Attractive 7.5% Cap Rate.; Potential for extended income stream with three 5‑year extension periods.