1926 Exeter Rd - Office FOR SALE


Germantown, TN 38138
$1,152,043 USD
901-830-0421
1926 Exeter Rd, Germantown, TN for Sale
$1,152,043 USD
Office - FOR SALE
1/13
null | 7% Cap Rate

1926 Exeter Rd
Germantown, TN 38138


OVERVIEW

Offered at $1,152,042, this investment presents a 7.00% going-in cap rate based on an in-place NOI of $80,643. Priced at $524/SF, the property is a fully stabilized, two-tenant office building located in the heart of Germantown. The asset is 100% occupied with professionally leased tenants under a true NNN structure, providing a turnkey, management-light investment opportunity. With 2.2 years of remaining lease term, the property offers an attractive in-place yield of 7.00%, with built-in rental growth projected to increase returns to 7.32% by Year 3, creating clear upside in both cash flow and future valuation.

FOR SALE DETAILS

PRICE

$1,152,043 USD

PRICE/SF

$508 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CH

APN/PARCEL ID

G0-220D-H0-0022

ASK ABOUT THIS PROPERTY

Brian CaliffNAI Saig CompanyMore Info
901-830-0421

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Brian CaliffNAI Saig CompanyMore Info
901-830-0421

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