11910 Chapman Hwy - Retail FOR SALE


Seymour, TN 37865
$2,111,429 USD
332-345-4222
11910 Chapman Hwy, Seymour, TN for Sale
$2,111,429 USD
Retail - FOR SALE
1/2
null | 7% Cap Rate

11910 Chapman Hwy
Seymour, TN 37865


HIGHLIGHTS

  • Brand New, Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases | The lease features 2.00% rental increases annually starting year 6.
  • Corporate Guarantee

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Main Street Auto located at 11910 Chapman Highway, Seymour, Tennessee 37865. The site consists of roughly 3000 rentable square feet of building space on an estimated 2.38-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 12/17/2024. The current annual rent is $147,800 and has scheduled increases of 2.00% Annually Starting Year 6.

FOR SALE DETAILS

PRICE

$2,111,429 USD

PRICE/SF

$704 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.