Meineke | 1880 Fort Campbell Blvd
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Meineke 1880 Fort Campbell Blvd
3,500 SF Retail Building Clarksville, TN 37042 £1,122,100 (£321/SF) 6% Net Initial Yield
Investment Highlights
- Brand New 20-Year Absolute Triple Net Sale-Leaseback with 10% Increases Every 5 Years
- This Location is Undergoing a Full On Renovation | $250K+ Investment into the Premises
- Adjacent Walmart is a Top-Performing Store Nationwide
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Meineke Car Care located at 1880 Fort Campbell Blvd, Clarksville, TN 37042. The site consists of roughly 3,500 rentable square feet of building space on an estimated 0.56 acre parcel of land. This Meineke Car Care is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $84,000 and has scheduled increases of 10% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,500 SF
Building Class
C
Year Built
1978
Price
£1,122,100
Price Per SF
£321
Net Initial Yield
6%
NOI
£67,326
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
0.56 AC
Zoning
C-5
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 030J-B-006.01 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £122,662 |
PROPERTY TAXES
Parcel Number
030J-B-006.01
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£122,662
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Meineke | 1880 Fort Campbell Blvd
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