1348 College St, Clarksville, Tennessee, United States, 37040
550,000
About the property:
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!
- Property Type:
- Mixed Use
- House Style:
- Other
- Acres:
- 1.02
- Square Feet:
- 7976
- Heating Type:
- 0
- Directions:
- From I-24 W: Take exit 8 for TN-237. Turn left onto the Roosview Rd ramp. Turn left onto Dunbar Cave Rd. Use the left lane to turn left onto Wilma Rudolph Blvd. Continue onto College St. Property is on the left behind the window tint building.
- Is Building:
- Yes
- Is Investment:
- Yes
- Is Media:
- Yes
- Is Mix:
- Yes
- Is Other:
- Yes
- Is Unit:
- Yes
- Listing ID:
- RTC3628056
Rooms
Dimensions
Brokered by:
The Huffaker Group, Llc
Presented By: