NNN Dollar General Store
2906 Mentor Rd | Louisville, TN
Sq. Feet 74,923
Located along Merlin Rd , the subject property features easy access and excellent visibility on Merlin's main traffic thoroughfare with direct access just off the Interstate 5 (20,000+ vehicles per day), the main traffic thoroughfare connecting Sacramento to Portland and beyond. The site is in the heart of the city of Merlin adjacent to residential neighborhoods and near numerous attractions and amenities including the post office, Grants Pass Airport, gas station, banks, Louse Creek, Wolf Creek Park, and more. Near numerous regional stores including Rays Food Place across the street, Dutch Bros, Universal Propane, Valley Mini Storage, Oregon RV Outlet, Pacific Truck & Trailer, Playcraft Systems, and more.
The site is centrally located near churches and schools including Manzanita Elementary School, Fleming Middle School, North Valley High School, Merlin Community Baptist Church, Grants Pass Missionary Baptist, St. Anne Catholic Church, and more Merlin is located within Josephine County, Oregon. The area is known for sport fishing and whitewater rafting on the Rogue River. The city is known for its beautiful countryside, rivers, trees, and outdoors and provides an excellent opportunity to explore walking trails, bird / wildlife watching, bank fishing, and more. The city features numerous attractions including Wine Hopper Tours, Morrison's Rogue Wilderness Adventures, Orange Torpedo Rafting Trips, a short drive to Wolf Creek Park, Rogue River-Siskiyou National Forest, The Oregon Shakespearean Festival in Ashland, Oregon Caves National Monument, Jacksonville National Historic Landmark, and more.
Cap Rate: 6.15% NOI: $142,764 Livable Sq. Ft: 9,100
Built in 2017 1 Retail units Lot Sq. Ft: 45,302