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Dollar General Anchored Center | Nashville MSA

298 Sam Ridley Pkwy E, Smyrna, TN 37167

Listing Price: $4,275,000

Cap Rate
5.90%
Gross SF
18,490
Rentable SF
18,490
Price/Gross SF
$231.21
Lot Size
1.78 acres
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to bring to market this Dollar General Anchored Center in Smyrna, Tennessee.

Investment Highlights

  • 18,490 Square-Foot Retail Center Built and Anchored by Dollar General Since 2005
  • Dollar General Extended Three Years Early to Aug. 2027 Showing Strong Commitment to this Location
  • Strong Historical Occupancy with Internet-Resistant Tenant Mix and Below Market Rents
  • Situated Along Sam Ridley Parkway (SR-266) Offering Great Visibility, Signage and Access
  • Positioned at a Signalized Intersection which Sees More than 39,300 Vehicles per Day Combined
  • Nissan Smyrna is the Largest Assembly Plant in the US and Located Two Miles Away
  • Within Three Miles are Nearly 40,000 Employees and More than 34,000 Residents
  • 79 Percent Population Growth Since 2000 with More than 87,000 Residents in Five Miles Located 25 Miles from Downtown Nashville and 15 Miles from Murfreesboro

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Shopping Neighborhood

Dollar General Anchored Center | Nashville MSA

Listing Price: $4,275,000

Cap Rate
5.90%
Gross SF
18,490
Rentable SF
18,490
Price/Gross SF
$231.21
Lot Size
1.78 acres
Year Built
2005

Investment Highlights

  • 18,490 Square-Foot Retail Center Built and Anchored by Dollar General Since 2005
  • Dollar General Extended Three Years Early to Aug. 2027 Showing Strong Commitment to this Location
  • Strong Historical Occupancy with Internet-Resistant Tenant Mix and Below Market Rents
  • Situated Along Sam Ridley Parkway (SR-266) Offering Great Visibility, Signage and Access
  • Positioned at a Signalized Intersection which Sees More than 39,300 Vehicles per Day Combined
  • Nissan Smyrna is the Largest Assembly Plant in the US and Located Two Miles Away
  • Within Three Miles are Nearly 40,000 Employees and More than 34,000 Residents
  • 79 Percent Population Growth Since 2000 with More than 87,000 Residents in Five Miles Located 25 Miles from Downtown Nashville and 15 Miles from Murfreesboro

Investment Overview

Marcus & Millichap is pleased to bring to market this Dollar General Anchored Center in Smyrna, Tennessee.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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