1959 Mallory Ln - Freestanding FOR SALE
Franklin, TN 37067 |
$4,500,000 USD
248-702-0288
1959 Mallory Ln
Franklin, TN 37067
HIGHLIGHTS
- RARE 10-Year Lease Extension | Verizon Has Operated At This Location Since 2009 And Recently Extended For An Additional 10 Years
- Top-Performing Verizon Location Nationwide | 89th Percentile via Placer.ai | Top 93rd Percentile in Tennessee | #2 of 18 Within 30 Miles
- Investment-Grade Credit Tenant | Verizon Communications Inc. (NYSE: VZ) Is A Fortune 50 Company And One Of The Largest U.S. Wireless Carriers
- Strong Demographics & Population Growth | 109,000+ Residents Within 5 Miles | Projected to Grow 5.6% From 2025–2030 to 115,000+ Residents
- Williamson County | Located In One Of Tennessee’s Most Affluent And Fastest- Growing Counties With Strong Population, Employment, And Economic Growth
- Tight Retail Market | Retail Vacancy Sits At Just 1.4% In The Franklin Market, Demonstrating Strong Tenant Demand And Limited Available Retail Space
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$910 USD /SF
CAP RATE
6.05%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Verizon
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.05 AC
LAND SF
45,738 SF
ZONING
Commercial
APN/PARCEL ID
053-117.20
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248-702-0288
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248-702-0288
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