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- LoopNet Team
1160 Perimeter Park Dr
Cookeville, TN 38501
Specialty Property For Sale · 8,223 SF
Investment Highlights
- Absolute Triple Net Sale Leaseback
- Established State-of-the-Art Learning Center
- 15 Year Lease with Annual Rent Increases
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 1 |
| Building Class | B | Year Built | 2007 |
| Lot Size | 1.50 AC | Parking Ratio | 3.04/1,000 SF |
| Building Size | 8,223 SF |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 8,223 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Parking Ratio | 3.04/1,000 SF |
About 1160 Perimeter Park Dr , Cookeville, TN 38501
The SVN Colvin Team and Easy Leasebacks present this absolute triple net sale-leaseback at an attractive price and cap rate in beautiful Cookeville, Tennessee, east of Nashville. The Lighthouse Learning Academy business was recently purchased by Clear Capital Learning Centers who signed a 15-year NNN lease with annual rent increases. This well-established Academy provides innovative daycare services and preschool education in a state-of-the-art building with age-appropriate learning equipment. The Academy has invested heavily in children’s security featuring numerous cameras and fingerprint-protected entry points. This investment property offers a very recent clean phase one report, ALTA survey and property inspection report, making it a simple acquisition for a 1031. This investment property is co-listed with TN Licensed Broker of Record SVN The Genesis Group.
PROPERTY TAXES
| Parcel Number | 053M-B-018.11 | Improvements Assessment | $332,240 |
| Land Assessment | $130,400 | Total Assessment | $462,640 |
PROPERTY TAXES
zoning
| Zoning Code | C-4 |
| C-4 |
