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Description

PROPERTY HIGHLIGHTS

  • Renewal through July 2023
  • True triple net lease – no landlord responsibility
  • Aaron’s has been at this location since 2002
  • Tenant replaced roof in March 2018
  • Aaron’s base rent is $2.36/SF, which provides upside in the future
  • Across the Street from a Goodwill and Dollar General shopping center
  • Well located on North Main Street near the center of downtown Shelbyville
  • Shelbyville is between Chattanooga and Nashville

DEMOGRAPHICS

5 MILE 7 MILE 10 MILE
POPULATION
6,725 22,846 27,235
HOUSEHOLDS
2,344 8,141 9,829
AVG. HH INCOME
$44,822 $49,346 $51,382

 

PRICE: $600,000

CAP Rate: 8.0%

  • Address: 516 N Main St
  • City: Shelbyville
  • State/county: Bedford County / TN
  • Zip/Postal Code: 37160
  • Country: United States

Detail

Updated on August 2, 2018 at 9:46 am

  • Price: $600,000
  • Property Size: 20346 SqFt
  • Land Area: .5 Acres

Contact info

Chase Murphy
Chase Murphy
404.812.8925
Elliott Kyle
Elliott Kyle
404.812.8927
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