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402 W Market St
5,396 SF 100% Leased Retail Building Bolivar, TN 38008 $794,128 CAD ($147 CAD/SF) 7.10% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic Area
- Corner lot
- Nest to Shell Station and across from Sonic
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Rental and Leasing Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Rent-A-Center is a rent-to-own industry leader with a mission to improve the quality of life for their customers. They understand that making decisions about big items like furniture, appliances, and electronics is a big deal, which is why they offer the Rent-A-Center Worry-Free Guarantee: They give people the name-brand items they want, like Ashley Furniture, Whirlpool appliances and Samsung electronics, at a payment they can afford with the option to own it when they are ready. Plus, they offer six months same as cash, an early purchase discount, competitor price match and free same-day delivery.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Rental and Leasing Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 070P-M-004.00 | Improvements Assessment | $108,319 CAD |
| Land Assessment | $53,063 CAD | Total Assessment | $161,382 CAD |
PROPERTY TAXES
Presented by
402 W Market St
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