Family Dollar 224 Main St 10,500 SF Retail Building Lobelville, TN 37097 $2,157,051 CAD ($205.43 CAD/SF) 7.75% Cap Rate

Franklin Street is pleased to present this Family Dollar Tree combo store in Lobelville, Tennessee. Lobelville is situated in Perry County in western Tennessee along the Buffalo River, a tributary of the Tennessee River. The property is located on North Main Street, a North-South thoroughfare that goes right through historic downtown Lobelville and connects the town to I-40, less than 10 miles from the property. The town was originally founded as a trading post on the Buffalo River by French Trader Henri de Lobel. Lobelville serves as a crucial transfer point for the Tennessee Gas Pipeline Company, with the operator serving as the oldest continuously operating business in town, dating back to 1943. Family Dollar Tree sits on the main retail corridor of Lobelville and is less than a mile from the town's elementary school. One of the few national tenants in the area, Family Dollar Tree fills several needs for local residents and fits the bill of the tertiary markets that the combo store concept targets. The combo stores have over 1,200 stores open, with hundreds of markets identified for future sites. The combo store format is one that Dollar Tree, the parent company, plans to stay committed to for rural tertiary markets. This new construction Family Dollar Store is on a newly executed NNN lease, with the landlord only responsible for the roof and structure. Other retailers the immediate area include Dollar General, the US Postal Office, Lobelville Liquor and Wine, Bold Wine Coffee Bar, Piggly Wiggly Xpress, and Marathon Gas.