Size Upon Req.$449,000
Great commercial lot at the corner I-24 and Almaville Rd Exit. Easy access through 7 Oaks Business Center on Almaville Rd w/traffic signal. Located 1 Mile from Nissan Manufacturing Plant in Smyrna, TN and a strong economic growth Market.
47,037 SFPrice Upon Req.
1% Broker Co-Op Offered.Property showings will be offered by appointment only. All interested parties must contact the Broker/Agents to RSVP.Auction.com and Skyline Seven Real Estate are pleased to offer the sale of the Food Lion Center. The subject offering is a 7 Tenant, 90% occupied retail center anchored by FoodLion (NYSE:DEG, MarketCAP: $7.1Billion) and Dollar Tree (Nasdaq: DLTR, MarketCAP: $11.1Billion). In addition to the anchors, other national tenants include Subway (over 41,980 locations worldwide) and H&R Block (NYSE: HRB, Market CAP: $8.8Billion). In total 85% of the shopping center is leased to credit tenants. The property is located in La Vergne, TN, a suburb of Nashville. The location is approximately 2.5 miles north of Interstate 24, on Murfreesboro Rd, one of the main north-south arteries in the area with over 25,000 cars per day. With only 7 tenants, this center should provide ease of management and excellent returns to investors, with additional upside obtained through leasing the 1 vacant suite of 4,800 SF. The only competition in the area is a Kroger anchored center, and then a free standing Sav-A-Lot across the street.
100% Leased. 2 Buildings each priced at $420,000
This property has been used as a restaurant and a used-car dealership in the past. Very diverse property
2 levels of parking around back
100% Fully leased. Newly renovated façade, new roof, parking lot and HVAC systems
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.
SELLER WILL PAY $35,000 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%
1.84 acres of land with a 1,200 SF building