Brand-New Dollar General | Memphis, TN | 5.75% Cap Rate

Property Description

CLOSED

  • Building Size: ±7,545 sq. ft.*
  • Lot Size: ±0.85 acres*
  • Lease Type:  15-year, NNN Lease**
  • Estimated Delivery Date:  February 2020
  • Five (5), Five (5) year renewal options with 10% increases
  • Strong urban location surrounded by national retailers and restaurants
  • Store located just off the intersection of Winchester Rd. and Mendenhall Rd.
  • Strong traffic counts near store – ±35,000 VDP on Winchester; ±22,024 on Mendenhall (source: Esri)

*Source:  Lease & Site Plans

IMPORTANT:  The price listed herein is the offering (listing) price not the final sale price.  The final sale price is confidential.

General Info

Category: Recent/Closed Projects

Type: Investment, Retail

Price: $1,674,693 | 5.75%

Address: 3632 Winplace Road, Memphis, TN 39119

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