Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    2307 Billy Nance Hwy, Clifton, TN 38425

    10,500 SF 1.19 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 10,500 square foot Family Dollar and Dollar Tree combination store in Clifton, Tennessee. Built in 2024, the property boasts a strong 10-year NNN lease with a credit-rated corporate guarantor, ensuring consistent income. The lease commenced March 23, 2024, and expires March 31, 2034, offering a remaining term of 9.1 years. With a 100% occupancy rate and a Net Operating Income (NOI) of $120,750, this property offers a compelling 7.75% cap rate. The asking price is $1,558,000, translating to $148.38 per square foot. Situated on a 1.19-acre lot at 2307 Billy Nance Hwy, Clifton, TN 38425, this location benefits from its proximity to Columbia State Community College, driving consistent traffic. The property's success is further supported by the strong average household income of $74,994 within a 5-mile radius, aligning perfectly with the target demographics of this retail format. The lease includes four, five-year options with a $0.50 per square foot rent increase at each option renewal. Landlord responsibilities are limited to roof and structure maintenance. This is a turnkey investment in a proven market, capitalizing on the successful Dollar Tree/Family Dollar combo store model in tertiary markets. The property's strategic location and strong tenant ensure a stable and profitable investment for years to come.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 10,500 SF
    Lot 1.19 ac (51,836 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2307 Billy Nance Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message