Investment Overview

Marcus and Millichap is pleased to present The Commons of Dyersburg, a 130,660-square foot Hobby Lobby anchored power center – located in Dyersburg, TN. The Subject Property was constructed in 2020 and is positioned on approximately 22.4-acres with great visibility and multiple points of ingress/egress. The Center is fully occupied with the majority of tenants signing a 10-year lease with 100 percent of the GLA reimbursing triple-net expenses. The Commons of Dyersburg features an attractive tenant roster with the likes of Hobby Lobby, Marshall’s, Old Navy, and Five Below. The Center is located within the main retail corridor and benefits from monument signage on U.S.-51 a four-lane bypass which carries over 19,000 vehicles per day and Troy Road which carries nearly 10,000 vehicles per day. The city of Dyersburg is the county seat of Dyer County and is located northwest Tennessee. Dyersburg serves as the TN, AR, and MO tri-state regions main retail, medical, and entertainment hub. This provides the Subject Property with a trade area that covers nearly 40-miles in every direction. The strong nationally recognized tenant roster, little to no near-term roll-over risk, and prime location ensures The Commons of Dyersburg will be a dominant shopping center for decades to come.