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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

736 Tn Hwy Cumberland City, TN 37050

7,670 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity features a 7,670-square-foot Dollar General convenience store in Cumberland City, Tennessee. Located at 736 TN Highway 149, this single-story building sits on commercially zoned land and boasts a strong 6.50% cap rate, generating a net operating income (NOI) of $72,708. The property is under a Net Lease (NNN) agreement with a corporate guarantee, minimizing landlord responsibilities. The current lease, with Dollar General as the tenant, commenced March 10, 2019, and has a remaining term of 9.4 years, expiring March 31, 2034. Five (5) year lease options are included, each with a 10% rent increase. The asking price is $1,118,584, translating to a price per square foot of $145.84. This property presents an ideal investment opportunity, particularly for 1031 exchange purposes, given its location in Tennessee, a state with no income tax. The 100% occupancy rate further enhances its appeal. The property's strong tenant, long lease term, and favorable financial metrics make it a compelling investment prospect. This is a single-tenant, single-building property.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,670 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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