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2258 Springvale Rd
Morristown, TN 37813

$1,250,000 USD

General Retail For Sale  •  7,931 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,026 SF
  • Building Class B
  • Year Built 2016
  • Cap Rate 6.18 %
  • Zoning B
0 Transit Score
7 Walk Score

Highlights

Absolute NNN 15 Year Lease | Zero Landlord Responsibilities
Hard Corner Location | 9,000+ Cars Per Day Visibility
Five (5 Year) Options | 10% Rental Increase At Each Option
Three Mile Household Income $61,118
1,3,5 - Mile Population Growth
Investment Grade Dollar Store with "BBB" Credit Rating

Property Flyers

Cap Rate: 6.18 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,026 SF 6/1/2031
Andrew Bender 248-419-3657 Fortis Net Lease
Andrew Bender 248-419-3657 Fortis Net Lease