11910 Chapman Hwy - Auto Repair FOR SALE


Seymour, TN 37865
$2,189,760 USD
203-253-9455
11910 Chapman Hwy, Seymour, TN for Sale
$2,189,760 USD
Auto Repair - FOR SALE
1/2
null | 6.75% Cap Rate

11910 Chapman Hwy
Seymour, TN 37865


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Income Tax Free State
  • Dense Retail Corridor
  • Brand-New Long-Term Triple-Net (NNN) Lease

OVERVIEW

Surmount is pleased to present the exclusive listing for a Main Street Auto located at 11910 Chapman Highway, Seymour, TN 378 65. The site consists of roughly 3,086 rentable square feet of building space on an estimated 2.38-acre parcel of land. Main Street Auto subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $147,809 and has scheduled increases of 2.00% annually starting 3/1/2031.

FOR SALE DETAILS

PRICE

$2,189,760 USD

PRICE/SF

$710 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

C-2

APN/PARCEL ID

057-053.32

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.