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Size Upon Req.$39,900
Prime Lot In The Heart Of Downtown! Ready For Business Or Possible Residence! Lot Is 40 X 19.
25,361 SFPrice Upon Req.
Auction.com is pleased to present the opportunity to acquire Plaza South Shopping Center, a 25,361 SF, single-story shopping center located in Murfreesboro, TN. The building is situated on a 3.32 acre lot in a Kroger-anchored development. Three tenants currently occupy the building to equate to 61% occupancy. The largest tenant, CSL Plasma, occupies 12,661 SF (50% of property) and recently signed a 15-year lease. The building was constructed in 1984, renovated in 2000, and is well positioned one mile south of Middle Tennessee University. Middle Tennessee Blvd is a heavily travelled thoroughfare which provides the property with excellent visibility and a daily traffic count of about 23,500 vehicles. Highway 99, Highway 70, and Highway 41 are all in close proximity to the shopping center. The one, three, and five-mile population counts are approximately 10,000, 57,000, and 108,000, respectively.
Historic Building Built in 1925
SELLER WILL PAY $25,000 BONUS TO THE SELLING BROKER PLUS 2.0% COMMISSION CURRENT INCOME $190,560 TRIPLE NET LEASE OPENED NOV. 2009 TEN PERCENT INCREASE EVERY FIVE YEARS TWO FIVE YEAR OPTIONS 3600 SQUARE FOOT BUILDING ALL BRICK - BUILT 2009 ON 1.18 AC PRICE $2,600,000 / CAP OF 7.33%
Free standing building on 1 acre lot, land available for expansion
Single fanily residence with approximately 2,368 square feet of heated and cooled space. The lot is spproximately 1 acre and the zoning is commercial fringe. Ideal for insurance agent, antique store or day care.
1.84 acres of land with a 1,200 SF building
This property has been used as a restaurant and a used-car dealership in the past. Very diverse property
3,800 SF Former Bank Branch built in 2004