402 W Market St - Retail FOR SALE


Bolivar, TN 38008
$549,000 USD
731-618-8897
402 W Market St, Bolivar, TN for Sale
$549,000 USD
Retail - FOR SALE
1/34
null | 7.1% Cap Rate

402 W Market St
Bolivar, TN 38008


HIGHLIGHTS

  • High Traffic Area
  • Nest to Shell Station and across from Sonic
  • Corner lot

OVERVIEW

Investor Special: Prime Location, Long-Term Tenant Are you seeking a stable and income-generating investment property? Look no further! This 5,396 square foot building, strategically located in a prime area, presents an exceptional investment opportunity. Key Features: - **Long-Term Tenant:** The property is currently occupied by a well-established business that has been a loyal tenant for approximately 15 years. They have recently renewed their lease for another 5 years, ensuring a consistent income stream. - **Recent Upgrades:** In 2022, the HVAC system was replaced, providing peace of mind and reducing maintenance costs. - **Landlord Responsibilities:** The landlord assumes the responsibility for property taxes, insurance, and major maintenance issues, minimizing your financial burden. - **Prime Location:** This property has proven to be a successful location for the current tenant. There are no red flags indicating any potential issues or signs of imminent relocation. Don’t miss out on this fantastic investment opportunity!

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,731 SF

ZONING

-

APN/PARCEL ID

070P-M-004.00

ASK ABOUT THIS PROPERTY

Mike ReeceCrye-LeikeMore Info
731-618-8897

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Mike ReeceCrye-LeikeMore Info
731-618-8897

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