Palmyra, TN 37142,1740 Highway 149
Listed by Mike Legg • Legg and Company
$1,045,493
Est. payment /mo
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8,197 SqFt
Active Under Contract

1740 Highway 149 Palmyra, TN 37142

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,197 sqft

Price per Sqft $127

MLS Listing ID 2622188

Year Built 2014

Lot Size 2.460 Acres

Acres 2.46

Property Sub-Type Retail

Property Description

Base lease period with DG expires 11/30/2029; three extension periods of 5 years each; Owner pays property taxes and invoices DG for reimbursement; Maintenance expense - Tenant; Insurance expense - Tenant. 7.5% cap rate.

Location

State TN

County Montgomery County

Zoning Commercial

Interior

Fireplace N


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agent

Michelle Smith

REALTOR® | License ID: 332439

+1(615) 218-6300

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1740 Highway 149