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Express Oil Change Shopping Center - Franklin 100 Mission Ct

8,825 SF 100% Leased Retail Building Franklin, TN 37067 £2,937,501 (£333/SF) 6.55% Net Initial Yield

Investment Highlights

  • Over 9 Years Remaining on Express Oil (Anchor) Lease
  • Located in One of the Most Desirable and Fastest Growing Suburbs of Nashville, TN
  • Large 1.15 Acre Parcel
  • All Other Tenants Have Recently Renewed
  • Excellent Visibility From Cool Springs Boulevard With Average Daily Traffic Exceeding 27,000
  • New Roof and HVAC Units Installed in 2022

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,825 SF Express Oil Change Shopping Center Located at 100 Mission Ct. in Franklin, TN. This Deal Includes a Over 9 Years Remaining on Their Express Oil Lease and All Other Tenants Have Recently Renewed, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,825 SF
Building Class
B
Year Built
2003
Price
£2,937,501
Price Per SF
£333
Net Initial Yield
6.55%
NOI
£192,551
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.18
Lot Size
1.15 AC
Zoning
Commercial - Commerical
Parking
30 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
118 ft on Mission Ct

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Express Oil Change
  • Retailer
  • 4,500 SF
  • -
  • Mar 2034
  • Mid-South Fitness 5
  • Retailer
  • 800 SF
  • -
  • Dec 2026
  • Solar Nails
  • Retailer
  • 975 SF
  • -
  • Dec 2031
  • Southerners Coffee
  • Accommodation and Food Services
  • -
  • -
  • Dec 2031
  • Town & Country Cleaners
  • Retailer
  • 2,550 SF
  • -
  • Dec 2032
Tenant Industry SF OCCUPIED RENT/SF Lease End
Express Oil Change Retailer 4,500 SF - Mar 2034
Mid-South Fitness 5 Retailer 800 SF - Dec 2026
Solar Nails Retailer 975 SF - Dec 2031
Southerners Coffee Accommodation and Food Services - - Dec 2031
Town & Country Cleaners Retailer 2,550 SF - Dec 2032

Nearby Major Retailers

Jazzercise
Mayweather Boxing + Fitness
Jenny Craig
P.f. Chang's
Poke Bros.
Old Chicago Pizza
FirstBank
McAlister's Deli
Whole Foods Market
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
062G-A-010.00
Land Assessment
£367,687
Improvements Assessment
£220,037
Total Assessment
£587,724
  • Listing ID: 34252137

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 100 Mission Ct, Franklin, TN 37067

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