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851 Medical Park

1,400 SF Office/Medical Unit Offered at £454,256 in Smyrna, TN 37167

Property Facts

Price £454,256 Building Class B
Unit Size 1,400 SF Number of Floors 1
No. Units 1 Typical Floor Size 8,475 SF
Total Building Size 8,475 SF Year Built 2025
Property Type Retail (Unit) Lot Size 0.89 AC
Property Subtype Storefront Retail/Office Parking Ratio 1.77/1,000 SF
Sale Type Investment or Owner User Sale Conditions
Design & Build
  • Tenants option to buy property
Price £454,256
Unit Size 1,400 SF
No. Units 1
Total Building Size 8,475 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Office
Sale Type Investment or Owner User
Building Class B
Number of Floors 1
Typical Floor Size 8,475 SF
Year Built 2025
Lot Size 0.89 AC
Parking Ratio 1.77/1,000 SF
Sale Conditions
Design & Build
  • Tenants option to buy property

1 Unit Available

Unit 1

Unit Size 1,400 SF Sale Type Investment or Owner User
Price £454,256 Net Initial Yield 3.00%
Price Per SF £324.47 NOI £13,627.67
Unit Use Office/Medical Sale Conditions Design & Build, Tenants option to buy property
Unit Size 1,400 SF
Price £454,256
Price Per SF £324.47
Unit Use Office/Medical
Sale Type Investment or Owner User
Net Initial Yield 3.00%
NOI £13,627.67
Sale Conditions Design & Build, Tenants option to buy property
Sale Notes

This is a unique opportunity for business owners who would like to own instead of leasing space in a hot and busy area. The shopping center will be 8,475 sqft which could take up to 6 businesses. The group decided to only sell 1-2 unites max first come first serve.

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Nearby Major Retailers

Burn Boot Camp
Publix
Truist
Waffle House
Jim ’N Nick’s Bar-B-Q
Chase Bank
Cook Out
Fifth Third Bank
Kroger
First Horizon Bank

zoning

Zoning Code C-2 (Shopping center zoned C-2 Commercial • All utilities available • Close to Stonecrest Medical Center & Easy access to I-24 @ Exit 66 & Sam Ridley Pkw)
C-2 (Shopping center zoned C-2 Commercial • All utilities available • Close to Stonecrest Medical Center & Easy access to I-24 @ Exit 66 & Sam Ridley Pkw)
(615) 710-0633

  • Listing ID: 34049607

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 851 Medical Park, Smyrna, TN 37167

The Retail Property at 851 Medical Park, Smyrna, TN 37167 is currently available For Sale. Contact Zach Taylor Real Estate for more information.

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851 Medical Park, Smyrna, TN for sale Site Plan- Image 1 of 2
Site Plan

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© 2024 CoStar Group

851 Medical Park
(615) 710-0633 x

851 Medical Park

Meshel Abdelsayed

(615) 710-0633

(615) 710-0633

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