Log In/Sign Up
Your email has been sent.
Family Dollar NN Investment Opportunity 15 Carroll St N 10,500 SF Retail Building Bruceton, TN 38317 $2,196,772 CAD ($209.22 CAD/SF) 8.10% Cap Rate
Investment Highlights
- Easy net lease investment in Western Tennessee, serving an area with limited grocery and consumer options.
- Minimal landlord responsibilities.
- Recent 2024 construction with 8+ years remaining on the NN+ lease.
- Corporate lease backed by experienced private equity firms that acquired Family Dollar in August 2025.
Executive Summary
Investors seeking an easy, newly constructed dollar store should be pleased to consider this Bruceton, TN Family Dollar. Smaller towns like Bruceton have limited grocery and consumer shopping options that local populations depend on.
Bruceton is located in Carroll County, which has a population of over 29,000, and is situated midway between Memphis and Nashville. Other similar municipalities make up the remainder of this area, which is known for its weather and many outdoor recreational options. Some of the largest employers in the Carroll County area include Bethel University, Republic Doors & Frames, Baptist Memorial Hospital, and Walmart. The 10-mile population exceeds 16,000.
Built in 2024, this ±10,500 SF store offers ease of ownership with minimal landlord responsibilities. Annual rent is $130,725, representing an 8.1% cap rate. This NN lease has 8+ years remaining on the original 10-year term, with four 5-year renewal options and rent increases.
The lease is corporately guaranteed by Family Dollar, now owned by private equity firms Brigade Capital Management and Macellum Capital Management, which also own several discount retailers such as Kohl’s, Big Lots, Bed Bath & Beyond, and others.
Bruceton is located in Carroll County, which has a population of over 29,000, and is situated midway between Memphis and Nashville. Other similar municipalities make up the remainder of this area, which is known for its weather and many outdoor recreational options. Some of the largest employers in the Carroll County area include Bethel University, Republic Doors & Frames, Baptist Memorial Hospital, and Walmart. The 10-mile population exceeds 16,000.
Built in 2024, this ±10,500 SF store offers ease of ownership with minimal landlord responsibilities. Annual rent is $130,725, representing an 8.1% cap rate. This NN lease has 8+ years remaining on the original 10-year term, with four 5-year renewal options and rent increases.
The lease is corporately guaranteed by Family Dollar, now owned by private equity firms Brigade Capital Management and Macellum Capital Management, which also own several discount retailers such as Kohl’s, Big Lots, Bed Bath & Beyond, and others.
Property Facts
Sale Type
Investment
Property Type
Building Size
10,500 SF
Year Built
2024
Price
$2,196,772 CAD
Price Per SF
$209.22 CAD
Cap Rate
8.10%
NOI
$177,939 CAD
Tenancy
Single
Building Height
1 Story
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Family Dollar
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Family Dollar | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 066C-F-010.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $6,505 CAD | Total Assessment | $6,505 CAD |
Property Taxes
Parcel Number
066C-F-010.00
Land Assessment
$6,505 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,505 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Family Dollar NN Investment Opportunity | 15 Carroll St N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.