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105 Northside Cir

4,225 SF Office Building Shelbyville, TN 37160 £755,884 (£179/SF) 6% Net Initial Yield

Investment Highlights

  • Great location
  • Well Kept Building

Executive Summary

Nice property in growing Shelbyville Tn. Tennant has a new 5 year lease. Great Investment

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £46,998 £11.12
Other Income - -
Vacancy Loss - -
Effective Gross Income £46,998 £11.12
Taxes £1,645 £0.39
Operating Expenses - -
Total Expenses £1,645 £0.39
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £46,998
Annual Per SF £11.12
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £46,998
Annual Per SF £11.12
Taxes
Annual £1,645
Annual Per SF £0.39
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £1,645
Annual Per SF £0.39
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,225 SF
Year Built
2007
Price
£755,884
Price Per SF
£179
Net Initial Yield
6%
NOI
£45,353
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,225 SF
Building FAR
0.07
Lot Size
1.31 AC
Zoning
Commercial - Office Class S
Parking
14 Spaces

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078-012.24
Land Assessment
£24,909
Improvements Assessment
£86,069
Total Assessment
£110,978
Annual Taxes
£1,645 (£0.39/sf)
Tax Year
2023
  • Listing ID: 33842831

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 105 Northside Cir, Shelbyville, TN 37160

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