2068 Us-64 Whiteville, TN 38075
This exceptional investment opportunity presents a 10,500-square-foot, free-standing retail building in Whiteville, Tennessee, currently leased to Dollar Tree. Built in 2024, this property boasts a 10-year net lease with a corporate guarantee from Dollar Tree, a company rated BBB by S&P and Baa2 by Moody's. The lease includes four 5-year renewal options, each with built-in rental increases, ensuring consistent income growth. Located at 2068 US-64, this property benefits from high visibility and proximity to other major retailers, including Dollar General, Exxon, and CB&S Bank. The 1.12-acre lot provides ample space, and the building's modern construction ensures minimal landlord responsibilities. With a current NOI of $121,065 and a 6.75% cap rate, this offering presents a compelling investment opportunity in a tax-free state. The asking price is $1,793,556, translating to $170.81 per square foot. Market analysis indicates that similar combination Dollar Tree/Family Dollar stores in smaller markets are experiencing same-store sales increases exceeding 20%. This property offers a secure, long-term investment with significant upside potential. The property is situated in a thriving retail corridor, with consumers in the surrounding 5-mile radius spending over $4 million annually on personal items and entertainment.
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.