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256 E Main St

13,953 SF 86% Leased Retail Building Hendersonville, TN 37075 $6,183,000 ($443/SF) 6.50% Cap Rate

Executive Summary

Prime retail NNN investment opportunity in Hendersonville, TN (Nashville MSA). This three tenant building has two strong current tenants (NTB and Pella Windows) along with one small vacant 2,287 sf space.

Attachments

256 E Main OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,953 SF
Building Class
B
Year Built
2008
Price
$6,183,000
Price Per SF
$443
Cap Rate
6.50%
NOI
$401,883
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.67 AC
Zoning
C - Commercial
Parking
50 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
150 FT on Main St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,287 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
1st Floor 2,287 SF Retail End Cap Now

1st Floor

Size
2,287 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 2,287 SF
Space Use Retail
Position End Cap
Available Now

Nearby Major Retailers

Kroger
Starbucks
Truist
Waffle House
Regions Bank
Publix
Simmons Bank
Dutch Bros
Bank of America
Old National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
159J-A-043.00
Land Assessment
$418,160
Improvements Assessment
$413,680
Total Assessment
$831,840
  • Listing ID: 33511718

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 256 E Main St, Hendersonville, TN 37075

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