149-151 Freeman St - Office/Residential FOR SALE


Tullahoma, TN 37388
$1,699,900 USD
931-247-5056
149-151 Freeman St, Tullahoma, TN for Sale
$1,699,900 USD
Office/Residential - FOR SALE
1/7
null | 6.18% Cap Rate

149-151 Freeman St
Tullahoma, TN 37388


HIGHLIGHTS

  • Prime location situated just minutes from downtown Tullahoma.
  • Corner lot promotes high visibility from Freeman and Silver St.
  • Opportunity to build out section of space in building.

OVERVIEW

Approximately 8,800 sq ft. of the building is currently leased to the State of TN Dept. of Children's Services. Rent increases to $8,667 per month beginning 7-1-24 through 6-30-29. Approximately 3,740 unfinished area is for rent for $2,500 per month. Taxes on building are $16,722 per year.

FOR SALE DETAILS

PRICE

$1,699,900 USD

PRICE/SF

$136 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

Comm

APN/PARCEL ID

123H-A-025.00

ASK ABOUT THIS PROPERTY

Joe OrrWeichert Realtors Joe Orr & AssociatesMore Info
931-247-5056

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Joe OrrWeichert Realtors Joe Orr & AssociatesMore Info
931-247-5056

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