1207 Meridian St Greenfield, TN 38230-2159
This exceptional investment opportunity presents a single-tenant, 16,500-square-foot Dollar General convenience store and grocery storefront located in Greenfield, Tennessee. The property sits on a 1.6-acre lot at 1207 S Meridian St, 38230, and boasts a strong 7.25% capitalization rate. Built in 1999, this single-story building is currently 100% occupied under a Net Lease (NN) agreement with a corporate guarantee, ensuring consistent cash flow. The Net Operating Income (NOI) stands at $75,000 annually. The asking price is $1,034,482. This property offers a secure investment with a projected rent increase scheduled for 2026, promising even greater future returns. The property's prime location just south of downtown Greenfield provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, high-performing retail asset in a stable market. The sale is offered as-is by the owner.
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Dollar General Discount Store
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Heidi M. Batchelor, PharmD Pharmacy
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Ronnie L. Batchelor, DPH Pharmacy
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.