2782 S Church St - Bank FOR SALE


Murfreesboro, TN 37127
$5,049,000 USD
214-560-6900
2782 S Church St, Murfreesboro, TN for Sale
$5,049,000 USD
Bank - FOR SALE
1/9
null | 5.15% Cap Rate

2782 S Church St
Murfreesboro, TN 37127


HIGHLIGHTS

  • New 20-Year Lease | Options To Extend | Scheduled Rental Increases | Investment-Grade Tenant (S&P: A-)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • High Traffic Intersection | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• PNC Bank corporate (S&P: A-) signed lease • New 20-year lease with 4 (5-year) option periods to extend • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

FOR SALE DETAILS

PRICE

$5,049,000 USD

PRICE/SF

$1,468 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PNC Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

CH

APN/PARCEL ID

125C-A-002.02-000

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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