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Maaco Auto Body 907 Providence Blvd

7,200 SF Retail Building Clarksville, TN 37042 $1,000,000 ($139/SF) 6.50% Cap Rate

Retail Space Tennessee Clarksville 907 Providence Blvd, Clarksville, TN 37042

Investment Highlights

  • 10-Year Absolute Triple Net (NNN) Lease
  • Eight-And-A-Half Percent (8.50%) Rental Increases Every 5 Years
  • Over 7 Years of Lease Term Remaining

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Maaco Auto Body Shop located at 907 Providence Boulevard in Clarksville, TN. The site consists of roughly 7,200 rentable square feet of building space on estimated 0.92-acre parcel of land. This Maaco Auto Body is subject to a 10-year absolute triple-net (NNN) lease, which commenced May 1st, 2021. The current annual rent is $65,000 and is scheduled to increase by 8.50% every 5 years throughout the base term and in the 1, 10-year renewal option.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,200 SF
Building Class
B
Year Built
1998
Price
$1,000,000
Price Per SF
$139
Cap Rate
6.50%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
0.99 AC
Zoning
C-2
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907 Providence Blvd, Clarksville, TN - aerial map view

PROPERTY TAXES

Parcel Number 054E-A-007.00 Improvements Assessment $0
Land Assessment $0 Total Assessment $223,080

PROPERTY TAXES

Parcel Number
054E-A-007.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$223,080
(332) 345-4222

  • Listing ID: 31280885

  • Date on Market: 3/20/2024

  • Last Updated:

  • Address: 907 Providence Blvd, Clarksville, TN 37042

More public record information on 907 Providence Blvd, Clarksville, TN 37042

The Retail Property at 907 Providence Blvd, Clarksville, TN 37042 is currently available For Sale. Contact NNN Pro Group for more information.

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907 Providence Blvd, Clarksville, TN for sale Building Photo- Image 1 of 3
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907 Providence Blvd, Clarksville, TN for sale Aerial- Image 2 of 3
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Maaco Auto Body | 907 Providence Blvd
(332) 345-4222 x

Maaco Auto Body | 907 Providence Blvd

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Francis Purritano

(332) 345-4311

(332) 345-4311

Walker Stevens

(332) 345-7742

(332) 345-7742

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