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Listed by: John Eric Robertson Fisher Realty & Auction
$ 1,800,000
Est. payment /mo
Active
7275 Highway 64 Oakland, TN 38060
1,848 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $974
MLS Listing ID 2603680
Year Built 2007
Annual Tax Amount $4,394
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions 24092
Property Sub-Type Retail
Source Central West Tennessee Association of REALTORS®
Property Description
Single-Tenant Net Lease Investment Opportunity - Fisher Realty & Auction is pleased to exclusively offer the fee simple interest in a 100% leased Advance Financial investment property located on a highly visible Kroger outparcel along U.S. Highway 64 in Oakland, Tennessee. The property is leased to Harpeth Financial Services, LLC d/b/a Advance Financial under a long-term Absolute Triple-Net (NNN) lease featuring approximately 7.8 years of remaining primary lease term, 2.0% annual contractual rent escalations, a corporate guaranty, and two (2) five-year renewal options. The freestanding retail building benefits from excellent visibility, signalized access, dedicated parking, and a strategic location within an established grocery-anchored retail corridor serving the rapidly growing Oakland and eastern Memphis metropolitan market. Please do not disturb tenant or employees. Contact Eric Robertson at - 731-445-8053 more more information.
Location
State TN
County Fayette
Area 0.55
Zoning Commercial
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Street Surface Asphalt
Road Frontage Highway
Building
Story 1
Sewer Public Sewer
Level or Stories 1
Schools
Elementary Schools Fayette County
High Schools Fayette County
Others
Tax ID 087 010.15
Special Listing Condition Standard