Family Dollar Center

1011 Old Hickory Boulevard, Jackson, TN
Deal Type:
Net Lease
Price:
$495,000
Cap Rate:
9.00%
Current Rent:
$44,500
Building Sq. Ft.:
8,388 SF
Rent Increases:
See Lease Details
Site Size:
.69 Acres

Investment Highlights

  • Family recently exercised their 5-year option with a 10% rent increase. Starting 1/1/2025, Cap rate will be 9.77%
  • With a continuous 24- year tenancy by anchor tenant Family Dollar since 1999, the enduring occupancy of this space demonstrates their unwavering dedication to the site
  • Family Dollar (NYSE: DLTR) holds a favorable credit rating of ‘BBB’ by Standard & Poor

Listing Agents

Dorothy Lee, CCIM

Vice President
626 236 3823
[email protected]

Connor Shell, TN Lic: 371818

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