1348 College St, Clarksville, TN 37040
Active $550,000
No Baths
-- Beds
7,976 SqFt
1.02 Acres
- PRIME COMMERCIAL INVESTMENT OPPORTUNITY! Take advantage of this income-producing property featuring three fully leased commercial buildings offering immediate cash flow and long-term investment potential! With a current 4.64% cap rate, this property generates $3,468 in monthly rental income, totaling $41,616 annually, with a Net Operating Income (NOI) of $30,138 per year. Enjoy the stability of an existing lease secured through December 2028, with two additional 5-year renewal options. Built-in 2.5% annual rent increases provide opportunities for continued income growth and long-term appreciation. Whether you're looking to expand your commercial portfolio or secure a reliable income-producing asset, this fully occupied property offers an excellent combination of established rental income, lease stability, and future upside. Don't miss this opportunity to invest in your future!
- Year Built: 1983
- Air: null
- Heat: null
- Water: null
- Sewer: null
MLS#: 3628056
I'd love to show you this commercial property. — Jayden
Jayden Fortune,
Affiliate Broker, PARIS
731-535-4980
Jayden Fortune grew up in Weakley County and knows West Tennessee the way you learn a place when you've actually lived it. He came to Premier Realty Group straight out of college, where he earned an ...
Hi, I'm Jayden.
I'd love to walk you through this commercial property. Let me know when works for you — I'll make it easy.