3155 Pulaski Hwy Frankewing, TN 38459
- Retail space
- 9,301 SF
- 2.51 lot acres
Current Use by Public Records
- FedEx OnSite / Mailing Service
- Dollar General / Drug Store / Grocery Store
- Western Union / Money Transfer Service
Property Details for 3155 Pulaski Hwy
- Year built
- 2016
- Construction
- FRAME
- Lot size
- 2.51 lot acres
- Property size
- 9,301 SF
- Property type
- Retail space
- APN
- 052 00707
- APU
- 5200707
Description
This exceptional retail property, located at 3155 Pulaski Highway in Frankewing, Tennessee, presents a compelling investment opportunity. The 9,301 square foot building sits on a generous 2.51-acre lot, offering ample space and visibility. Currently leased to Dollar General (DG), the property boasts a strong, long-term lease agreement. The base lease period extends until April 30th, 2032, with three additional five-year renewal options available, providing significant lease stability and predictable income. The current tenant is responsible for maintenance and insurance expenses, while property taxes are paid by the owner and subsequently reimbursed by the tenant. This streamlined expense structure contributes to the property's attractive financial profile. The property offers a compelling 6.5% capitalization rate, making it an ideal addition to any diversified investment portfolio. Given the favorable lease terms, substantial lot size, and strong tenant occupancy, this retail center represents a rare opportunity to acquire a high-performing asset in a desirable location. The property's strategic location on Pulaski Highway ensures high traffic volume and excellent visibility, maximizing its potential for long-term success. This is a turnkey investment ready to generate immediate returns. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frankewing
- County
- Lincoln
- State
- Tennessee
- Longitude
- -86.7991
- Latitude
- 35.1941