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New 15-Yr. Lease | 48 Minutes to Nashville 600 S James M Campbell Blvd

4,070 SF Retail Building Columbia, TN 38401 £3,468,934 (£852/SF) 6.50% Net Initial Yield

Investment Highlights

  • BRAND NEW 15-YR LEASE WITH 2% ANNUAL INCREASES
  • 54,200 RESIDENTS IN PRIMARY TRADE AREA WITH AN AVERAGE HOUSEHOLD INCOME OF $85,703
  • EXCELLENT ACCESS AND VISIBILITY TO 35,891 CARS/DAY

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,070 SF
Building Class
B
Year Built/Renovated
2002/2023
Price
£3,468,934
Price Per SF
£852
Net Initial Yield
6.50%
NOI
£225,471
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
0.63 AC
Zoning
C-2
Parking
38 Spaces (9.34 Spaces per 1,000 SF Leased)
Frontage
179 ft on James M Campbell Blvd

Amenities

  • Pylon Sign
  • Signage

Nearby Major Retailers

United Community Bank
ALDI
O'Charley's
McAlister's Deli
Starbucks
Applebee's
Waffle House
Dutch Bros
Regions Bank
Ruby Tuesday

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
113C-A-020.00
Land Assessment
£139,674
Improvements Assessment
£152,409
Total Assessment
£292,082
  • Listing ID: 32732383

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 600 S James M Campbell Blvd, Columbia, TN 38401

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