3300 Highway 100 Centerville, TN 37033

Property Details for 3300 Highway 100

Year built

2016

Construction

FRAME

Lot size

3.05 lot acres

Property size

9,833 SF

Property type

Retail space

APN

041062 07801

APU

4106207801

Description

This exceptional retail property, located at 3300 Highway 100 in Centerville, Tennessee, offers 9,798 square feet of space situated on a 3.05-acre lot. The property boasts a strong, long-term lease agreement with Dollar General (DG) as the current tenant. The base lease period extends until April 30, 2031, with three additional five-year renewal options available, providing significant lease stability and predictable income for the investor. 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 arrangement minimizes the owner's operational responsibilities. The property presents a compelling investment opportunity with a 6.5% capitalization rate, reflecting a strong return on investment. The strategic Highway 100 location ensures high visibility and accessibility for the tenant, contributing to its ongoing success. This property is ideal for investors seeking a stable, high-yield retail investment with a long-term lease and minimal operational burden. The substantial land area also offers potential for future expansion or development, adding further value to this attractive offering. This is a rare opportunity to acquire a well-positioned, income-producing retail property in a thriving Tennessee market.

Location Insight

City

Centerville

County

Hickman

State

Tennessee

Longitude

-87.3605

Latitude

35.8594

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments