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2615 Lake Rd
Dyersburg, TN 38024
Walgreens · Retail Property For Sale
Investment Highlights
- NNN 25 year lease with 10 - 5 year options
- Over 16,000 people in the area
- Over 20,000 vehicles per day
Executive Summary
I am pleased to bring to market this NNN Walgreens in Dyersburg, TN. Dyersburg is the county seat of Dyer County. Dyersburg is located in the NW part of Tennessee. There are over 16,000 people in Dyersburg and over 20,000 vehicles per day in front of the store. The 25 year NNN lease expires on Oct 31, 2030 with 10 - 5 year options. The yearly rent is $282,000. 8.06% CAP. $3,500,000 Sales Price. Contact me today for more information!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2005
Price
$4,865,945 CAD
Price Per SF
$328.34 CAD
Cap Rate
8.06%
NOI
$392,056 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.57 AC
Zoning
PB - Planned Business District
Parking
74 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $955,616 CAD | |
| Land Assessment | $280,278 CAD | Total Assessment | $1,235,894 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$280,278 CAD
Improvements Assessment
$955,616 CAD
Total Assessment
$1,235,894 CAD
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