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Obion County, TN NNN Properties for Sale

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New Family Dollar Store Investment
Updated: Nov 25, 2025
New Family Dollar Store Investment

511 S Frazier St, Troy, TN 38260

$1,471,300
High Cap Rate: Priced at $1,471,300 with an attractive 8.1% cap rate.
Long‑Term Lease: 10‑year NN lease guaranteed by Family Dollar through January 31, 2034, with renewal options.
New Construction: Built in 2023, minimizing immediate capital expenditure concerns.
Strategic Corner Location: Situated on a ±1.11‑acre corner parcel with high visibility on U.S. Hwy 51 (11,510 VPD).
Recession‑Resilient Tenant: Family Dollar is a proven discount retailer.
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Sale prices for triple net lease properties in Obion County, TN average $1,471,300 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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