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250 Taft Dr
Spencer, TN 38585

$1,523,100 USD

Freestanding For Sale  •  10,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,500 SF
  • Lot Size 1.25 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Single
30 Walk Score

Highlights

Recession Resilient Tenant: Family Dollar is a proven discount retailer in a location with minimal retail, grocery, and consumer goods.
Recent Construction: 2023 built ±10,500 SF Family Dollar store on a ±1.25-acre parcel at a strategic corner location.
Lease Structure: Limited Landlord responsibilities include roof, structure, parking lot capital expenses, and general liability insurance
Tenant responsibilities include grounds and general maintenance including HVAC system, liability insurance, and reimbursement of property tax
Corporate Guaranteed Lease: Corporate guaranteed 10-year NN lease through July 30, 2033, with five 5-year renewal options and $0.50/SF rent increases
Bull Realty Tennessee License #: 259046

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
Nancy Miller 678-613-7327 Bull Realty Inc.
Nancy Miller 678-613-7327 Bull Realty Inc.