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2309 Smithville Hwy

8,400 SF 100% Leased Retail Building McMinnville, TN 37110 $1,500,000 ($179/SF)

Investment Highlights

  • Prime Redevelopment or Owner/User Opportunity
  • Largest Building - 5,000 SF Flex (500 SF Office space)
  • Located at the corner of Smithville Hwy and Pike Hill Rd
  • 3 Buildings totaling ~8,400 SF on 1.52 acres
  • 4 Ground Level Drive-In Doors; Updated HVAC Systems in 2021
  • Situated across from new self-storage facility and next to Warren County Fairgrounds

Executive Summary

Lee & Associate Nashville is pleased to present to the market a contiguous 3-parcel property on Smithville Highway in McMinnville, TN. The sale includes 3 buildings totaling approximately 8,400 SF on 1.52 acres. Zoned C-2, this is a prime re-development or owner/user opportunity on a busy highway in a growing market. Property is situated at the corner of Smithville Hwy and Pike Hill Road, across from a new self-storage facility and next to the Warren County Fairgrounds.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Building Class
C
Year Built
1982
Price
$1,500,000
Price Per SF
$179
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.58 AC
Zoning
C-2
Parking
15 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
340 FT on Smithville Highway

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Waffle House
Planet Fitness
Applebee's
Regions Bank
Krystal
Crossfit

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 050-090.08
  • 050-090.02
  • 050-090.03
Land Assessment
$68,680
Improvements Assessment
$80,040
Total Assessment
$148,720
  • Listing ID: 31012433

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: 2309 Smithville Hwy, McMinnville, TN 37110

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