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USATNClarksville1346 College St
Property lines are for illustration purpose only and may not be accurate. Please see official records for actual property lines. | Image 1
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$650,000

1346 College St, Clarksville, TN

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1983
MLS® Number 2993830

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity! This property features three fully leased commercial buildings with a current cap rate of 4.64% and plenty of room for growth. The asset generates a strong and steady income stream with monthly rental income of $3, 468 and annual rental income of $41, 616, resulting in a Net Operating Income (NOI) of $30, 138 per year. The existing lease runs through December 2028 and includes two additional 5-year extension options, providing long-term stability. With annual rental escalations of 2.5%, investors can enjoy built-in income growth over time. Don’t miss this rare opportunity to acquire a fully occupied investment property with consistent cash flow and long-term upside!Show Description
MLS® Number2993830
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1983
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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