Troy, TN
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    Troy, TN NNN Properties for Sale

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    Union City, TN Obion, TN Hornbeak, TN
    New Family Dollar Store For Sale
    $1,471,300
    10,500 SF
    New Family Dollar Store For Sale

    511 S Frazier St, Troy, TN 38260

    Recently built Family Dollar on a corner lot in Troy.
    • New Construction: Built in 2023
    • Long‑Term Lease: 10‑year NN lease in place until January 31, 2034
    • Corporate Guarantee: Lease is backed by Family Dollar
    • Renewal Options: Four 5‑year renewal options with rent increases
    • Strategic Location: Situated on a corner parcel with high traffic counts (11,510 VPD) on U.S. Hwy 51
    Updated: Mar 6
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    New Family Dollar Store Investment
    $1,471,300
    New Family Dollar Store Investment

    511 S Frazier St, Troy, TN 38260

    Recently built Family Dollar store with corporate guaranteed lease.
    • 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.
    Updated: Nov 25, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Troy, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Family Dollar Investment Property
    $1,788,571
    10,500 SF
    New Family Dollar Investment Property

    Newly built, corporate guaranteed Family Dollar in Mayfield, KY.

    827 E Broadway, Mayfield, KY

    View details
    New Ground Lease Opportunity
    $2,560,000
    New Ground Lease Opportunity

    New 20-year ground lease in dynamic retail corridor.

    2455 Lake Road, Dyersburg, TN 38024

    View details
    Dyersburg Restaurant Investment Opportunity
    $2,850,000
    3,690 SF
    Dyersburg Restaurant Investment Opportunity

    Single-tenant QSR with drive-thru, long-term lease, and stable income.

    2408 Lake Rd, Dyersburg, TN 38024

    View details
    NNN Leased Taco Bell Restaurant
    $1,733,000
    1,592 SF
    NNN Leased Taco Bell Restaurant

    NNN leased Taco Bell with annual rent increases.

    1023 Paris Rd, Mayfield, KY 42066

    View details

    Troy, TN Nnn Properties Investment Opportunities Market Analysis

    Explore 2 nnn properties for sale in Troy, TN on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $1,471,300.

    Sale prices for triple net lease properties in Troy, TN start at $1,471,300, averaging $1,471,300, and reaching up to $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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    Demographics Overview

    Population 3,846
    Population Growth (5Y) +5.2%
    Median Household Income $49,336
    College Educated 21.3%

    High-Yield Neighborhoods for Investment

    Identify Troy submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    38260 $1.5M

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