1348 College St, Clarksville, TN 37040
1348 College St, Clarksville, TN 37040
1348 College St, Clarksville, TN 37040
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George Scott

George Scott

+1(931) 385-5195
Listed by David Huffaker • The Huffaker Group, LLC
$550,000
Est. payment /mo
7,976 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

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!

Location

State TN

County Montgomery County

Zoning Commercial

Interior

Fireplace N

Exterior

Roof Type Metal

Others

Special Listing Condition Standard

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George Scott

George Scott

+1(931) 385-5195

Agent License ID: TN License #: 377474

Agent License ID: TN License #: 377474

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