Property summary
This exceptional investment opportunity presents a brand-new, 10,500-square-foot Family Dollar and Dollar Tree combo store in Lobelville, Tennessee. Located at 224 N Main St, this property boasts a prime location on a major thoroughfare connecting to I-40, less than 10 miles away. The 1.16-acre lot houses a newly constructed building (2024) operating under a triple-net (NNN) lease with a remaining term of 9.3 years (commencing February 7, 2024, and expiring February 28, 2034). The lease… includes four 5-year options with $0.50 per square foot rent increases at each option. Landlord responsibilities are limited to roof and structure maintenance. The property enjoys 100% occupancy and generates a strong net operating income (NOI) of $120,750, resulting in a compelling 7.50% capitalization rate. The asking price is $1,610,000 ($153.33 per square foot). This investment benefits from the proven success of the Family Dollar/Dollar Tree combo store model in tertiary markets, limited direct competition (Dollar General and Piggly Wiggly Xpress are the only other discount stores nearby), and favorable demographics, with an average household income within a 5-mile radius exceeding $83,223. This presents a rare chance to acquire a high-performing retail asset with significant long-term potential in a stable market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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