2241 Fairview Blvd - Storefront Retail/Office FOR SALE


Fairview, TN 37062
$1,570,000 USD
615-815-9805
2241 Fairview Blvd, Fairview, TN for Sale
$1,570,000 USD
Storefront Retail/Office - FOR SALE
1/28
null | 7.01% Cap Rate

2241 Fairview Blvd
Fairview, TN 37062


HIGHLIGHTS

  • Located in the center of Fairview, fast growing community in one of the fastest growing Nashville Metro Area counties - Williamson
  • 100% leased with long term NNN contracts at market rates, annual escalations
  • Well maintained and attractive building
  • Renovated in 2023
  • Only 30 minutes to Nashville and has excellent access to I-40 and I-840
  • Situated on the main thoroughfare of Fairview Blvd (Hwy 100)

OVERVIEW

Welcome to 2241 Fairview Blvd, a prime commercial property in one of Tennessee's fastest-growing counties. Built in 2011 with significant tenant improvements in 2023, it's fully leased to a dentistry practice and a national insurance branch, with leases until 2028 and 2033, each offering two 5-year renewal options. This is fully NNN property boasts a 7% cap rate. With its modern design and strategic location, it promises stable income and long-term growth. A top-tier investment opportunity not to be missed! This is a great opportunity to own an income producing property. Both businesses are early in long-term leases, 10 and 5 years respectively, with two 5-year extension options. Leases are NNN with annual rent escalations.

FOR SALE DETAILS

PRICE

$1,570,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CG (Commercial General)

APN/PARCEL ID

042-153.02

ASK ABOUT THIS PROPERTY

Dwayne SpradlinDwayne SpradlinMore Info
615-815-9805

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Dwayne SpradlinDwayne SpradlinMore Info
615-815-9805

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