Family Dollar NN Investment Opportunity | 15 Carroll St N

This newly constructed ±10,500 SF Family Dollar in Bruceton, Tennessee, presents a straightforward net lease investment with minimal landlord responsibilities. Built in 2024, the store benefits from a strong corporate-backed NN+ lease with over eight years remaining on the original 10-year term, along with four 5-year renewal options and scheduled rent increases. Bruceton and the surrounding Carroll County market, with a population exceeding 29,000, offers limited grocery and consumer options, creating steady local demand. Key employers in the area include Bethel University, Republic Doors & Frames, Baptist Memorial Hospital, and Walmart, supporting a strong economic base. The lease is guaranteed by Family Dollar, recently acquired by private equity firms Brigade Capital Management and Macellum Capital Management, providing investors with a reliable tenant. Annual rent of $130,725 delivers an 8.1% cap rate, making this an attractive, low-maintenance investment in a growing region.