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Family Dollar 605 W Market St 8,344 SF Retail Building Bolivar, TN 38008 $1,914,556 CAD ($229.45 CAD/SF) 7.79% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Store is scheduled to go Dark end of January 2026
  • Passive income and strong value-add potential through re-tenanting or a lease buy-out
  • Attractive Store Built in 2015
  • Tenant continues all rent & expenses - 5+ years remaining
  • Absolute Net Lease – No landlord responsibilities. 1031 opportunity in a Tax-Free state

EXECUTIVE SUMMARY

A Family Dollar located on a main commercial corridor in Bolivar, Tennessee. Built in 2015 and approx. 8,344 square feet on a 0.82-acre parcel. While the store is scheduled to go dark at the end of January 2026, it remains under a corporate-guaranteed absolute NNN lease with over five years remaining and no landlord responsibilities. Rent payments and all expenses will continue to be paid by Family Dollar, including a 10% rent increase starting April 1, 2026.
The asset offers passive income and strong value-add potential through re-tenanting or a lease buy-out. 1031 opportunity in a tax-free state.
Offered at an 8% Cap Rate on 10% rent increase starting April 1, 2026. 7.8% cap on 2026 rent.
Bolivar is the county seat of Hardeman County, TN and is between Nashville and Memphis.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,344 SF
Building Class
C
Year Built
2015
Price
$1,914,556 CAD
Price Per SF
$229.45 CAD
Cap Rate
7.79%
NOI
$149,113 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.83 AC
Zoning
B-1
Parking
26 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
154’ on W Market St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 8,344 SF
  • $16.63 CAD
  • Triple Net
  • Mar 2031

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 8,344 SF $16.63 CAD Triple Net Mar 2031

NEARBY MAJOR RETAILERS

Regions Bank
Rent-A-Center
CB&S Bank
1st Heritage Credit
Simmons Bank
Anytime Fitness
Food Giant Supermarket

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070P-N-009.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$434,401 CAD
  • Listing ID: 38500235

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 605 W Market St, Bolivar, TN 38008

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