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HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
Listed by David Huffaker • The Huffaker Group, LLC
$ 550,000
Est. payment | /mo
7,976 SqFt
$ 550,000
Est. payment | /mo
7,976 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 7,976 sqft
Price per Sqft $68
MLS Listing ID 3628056
Year Built 1983
Lot Size 1.020 Acres
Acres 1.02
Property Sub-Type Mixed Use
Property Description
PRIME COMMERCIAL INVESTMENT OPPORTUNITY! Take advantage of this income-producing property featuring three fully leased commercial buildings offering immediate cash flow and long-term investment potential! With a current 4.64% cap rate, this property generates $3,468 in monthly rental income, totaling $41,616 annually, with a Net Operating Income (NOI) of $30,138 per year.
Enjoy the stability of an existing lease secured through December 2028, with two additional 5-year renewal options. Built-in 2.5% annual rent increases provide opportunities for continued income growth and long-term appreciation.
Whether you're looking to expand your commercial portfolio or secure a reliable income-producing asset, this fully occupied property offers an excellent combination of established rental income, lease stability, and future upside. Don't miss this opportunity to invest in your future!
Enjoy the stability of an existing lease secured through December 2028, with two additional 5-year renewal options. Built-in 2.5% annual rent increases provide opportunities for continued income growth and long-term appreciation.
Whether you're looking to expand your commercial portfolio or secure a reliable income-producing asset, this fully occupied property offers an excellent combination of established rental income, lease stability, and future upside. Don't miss this opportunity to invest in your future!
Location
State TN
County Montgomery County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Metal
Others
Special Listing Condition Standard
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