30703 Broad St Bruceton, TN 38317
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,500 square foot Family Dollar Tree retail building in Bruceton, Tennessee. Constructed in 2024, this single-story building sits on a 0.75-acre lot at 30703 Broad St, zip code 38317, and boasts a 10-year net lease (NN+) with a credit-rated, corporate-guaranteed tenant. The lease commenced July 1, 2024, and expires July 30, 2034, with four, five-year renewal options, each including a $5,250 rent increase ($0.50 per square foot). The property currently enjoys 100% occupancy, generating a strong net operating income (NOI) of $130,725 and a 7.30% cap rate. The asking price is $1,790,753. The property benefits from a 20-year roof warranty. The location serves a 10-mile population of 16,259 residents with an average household income of $69,042. This is a rare opportunity to acquire a high-performing, low-risk retail investment with a strong tenant and significant upside potential through lease options. The combined Family Dollar and Dollar Tree store model demonstrates a 20% higher sales volume compared to single-branded stores. This investment offers a compelling combination of stability, growth potential, and a secure return.
-
Bank of Bruceton Bank Loan Service
-
ATM Bank Of Camden Atm Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.