724 President Pl
Smyrna, TN 37167
Smyrna/La Vergne
HIGHLIGHTS
- Long-Term Lease Security – First Bank Recently Executed a 10-Year Lease Extension, Providing Over ±12.5 Years of Term Remaining on an Absolute Nnn Lea
- Attractive Branch Performance – This Location Demonstrates Strong Banking Activity With Deposits Exceeding $55.9 Million, Highlighting Its Stability W
- Zero Landlord Responsibilities – the Absolute Nnn Lease Structure Eliminates Landlord Obligations, Offering Investors a Truly Passive, Management-Free
- Trophy Retail Location – Positioned Along Sam Ridley Parkway West With Traffic Counts Exceeding ±44,000 Vpd, the Property is Surrounded by National Re
- High-Growth Nashville Msa – Located IN One of the Nation’S Fastest-Growing Metro Areas With Over 2 Million Residents, the Asset Benefits From Strong P
FOR SALE DETAILS
PRICE
$3,636,364 USD
PRICE/SF
$890 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
First Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.34 AC
LAND SF
58,370 SF
ZONING
C-2 - Highway Service
APN/PARCEL ID
028I-A-005.02-000
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601-383-1022
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601-383-1022
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