1225 N Locust Ave - Bank FOR SALE
Lawrenceburg, TN 38464 |
$1,080,176 USD
601-383-1022
1225 N Locust Ave
Lawrenceburg, TN 38464
HIGHLIGHTS
- Long-Term Stability – Over 10 years remain on the primary lease term, providing consistent and predictable cash flow.
- Medical Net Lease – Healthcare real estate is highly regarded for its tenant stability, long-term occupancy trends, and strong community integration
- Growing Industry – Dentistry represents one of the largest segments in the healthcare sector, with a robust annual growth rate averaging 5.3%
- Passive Ownership – The asset is backed by a triple net (NNN) lease, offering passive ownership.
- Hedge Against Inflation – Annual rental increases provide a built-in hedge against inflation, supporting the growth of investor income over time.
- Attractive Renewal Options – The tenant has one (1), five-year renewal option in place, demonstrating long-term commitment to the location
FOR SALE DETAILS
PRICE
$1,080,176 USD
PRICE/SF
$364 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dentistry Of Lawrenceburg
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,458 SF
ZONING
-
APN/PARCEL ID
078F-B-004.00
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601-383-1022
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601-383-1022
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