738 Nissan Dr - Office FOR SALE


Smyrna, TN 37167- Smyrna/La Vergne | 
$524,900 USD
615-613-1838
738 Nissan Dr, Smyrna, TN for Sale
$524,900 USD
Office - FOR SALE
1/8
null | Request Cap Rate

NEW


738 Nissan Dr
Smyrna, TN 37167
Smyrna/La Vergne


HIGHLIGHTS

  • BRAND NEW ROOF
  • 95.7 ft of PRIME, HIGH TRAFFIC FRONTAGE on a MAJOR COMMERCIAL CORRIDOR! (27,188 Average Annual Daily Traffic)
  • FLEXIBILITY TO CONTINUE RECEIVING RENTAL INCOME OR, IF PREFERRED, TERMINATE CURRENT TENANCY
  • FULL WORKING KITCHEN AND APPLIANCES FOR BREAKROOM
  • DETACHED HEATED/COOLED STRUCTURE FOR EXTRA WORKSPACE OR TENANT
  • 20+ parking spaces (5 concrete front spaces and 15+ on gravel lot in gated parking area)

OVERVIEW

Don't miss this rare entry-level mixed-use, professional office asset with immediate income potential.Text or call Amanda Ackerman at (615)613-1838 today to schedule a showing! One portion of the property is currently leased, generating $2,000 per month in rental income. The remaining office space and detached outbuilding are perfect for owner occupancy or additional leasing. Best of all, you retain the flexibility to terminate the lease and occupy the entire property to fulfill your custom business/professional needs. The C2 zoning is ideal for service businesses, medical, professional offices, or investors seeking both income and flexibility. This opportunity should be seriously considered for owner-users, investors, or future redevelopment/planned commercial development, subject to local approvals. This property touts .38 acre which can be expanded to .56 acre with an easily obtainable right-of-way vacation reversion, full working kitchen and appliances/break room, 3 bedrooms/office spaces plus 2 additional office/ reception spaces, 1.5 bathrooms, a BRAND NEW ROOF, a 400 sq ft detached building with heating/cooling and electric, AUTOMATIC INCOME, and 95.7 ft of PRIME, HIGH TRAFFIC FRONTAGE on a MAJOR COMMERCIAL CORRIDOR (27,188 Average Annual Daily Traffic)! The existing tenant lease provides the purchaser the flexibility to continue receiving rental income or, if preferred, terminate the tenancy with a 30-day notice following the sale in accordance with the lease agreement. The sale is subject to buyer’s 1031 exchange cooperation. Seller would consider removal of the detached structure by agreement if a buyer prefers additional open site/parking area. Light pole can be removed from front yard by Middle Tennessee Electric for a fee based on most recent inquiry. All zoning restrictions to be verified by buyer and buyer's agent. All information is deemed accurate but must be verified by Buyer and Buyer's agent. Special Terms: The existing tenant lease provides the purchaser the flexibility to continue receiving rental income or, if preferred, terminate the tenancy with a 30-day notice following the sale in accordance with the lease agreement.

FOR SALE DETAILS

PRICE

$524,900 USD

PRICE/SF

$368 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-2

APN/PARCEL ID

027N-B-026.00-000

ASK ABOUT THIS PROPERTY

Amanda AckermanReliant Realty ERA PoweredMore Info
615-613-1838

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Amanda AckermanReliant Realty ERA PoweredMore Info
615-613-1838

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