3155 Pulaski Hwy Frankewing, TN 38459
For Sale
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.
-
FedEx OnSite Postal Service Courier Service
-
Dollar General Discount Store
-
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
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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.