USPS Anchored Federal Building

309 N Church Ave, Dyersburg, TN

Property Information

Price Summary

$ 2,990,000

Cap Rate

9.26 %

NOI

$ 276,779

Total Lot Size

2 Acres

Building Size

33,318 SF

Director

T: (281) 610-5011

USPS Anchored Federal Building in the Heart of Dyersburg, TN
Building was Built for USPS Which has Occupied the Building Since 1964 – Offering Passport Processing and Servicing 21 Carrier Routes
6 Long-Term Small Tenants Recently Transitioned From Month-to-Month to new 2-Year Leases
1 Long-Term Small Tenant Signed a 3-Year Lease, and Another Secured a 1-Year Term
Features a 2019 Roof Installation, 2015 Upgraded Chiller, and Automated HVAC Controls Added in 2019
LED Lighting Upgrades Throughout the Parking Lot, With USPS-Installed Interior LED Systems
All Small Tenants Recently Received a 10% Bump
Large 2-AC Corner Lot at a Signalized Intersection of McGaughey St and N Church Ave
Affluent Trade Area Boasting $103K+ Average HH Income Within 1 Mile