Description
Fantastic commercial property investment opportunity conveniently located in historic Columbia, Tennessee. Approximately 3400 square feet on a quarter acre lot. There are 3 units in this building. Currently, 2 units are combined for one tenant with a second tenant occupying the third unit. Both tenants are medical providers. Current annual rent in excess of $50,000 with opportunity for future increases to obtain a 7% - 10% cap rate. Please coordinate showings with listing agent. Prefer to show outside of standard office hours due to existing business operations.
School Ratings & Info
Description
Fantastic commercial property investment opportunity conveniently located in historic Columbia, Tennessee. Approximately 3400 square feet on a quarter acre lot. There are 3 units in this building. Currently, 2 units are combined for one tenant with a second tenant occupying the third unit. Both tenants are medical providers. Current annual rent in excess of $50,000 with opportunity for future increases to obtain a 7% - 10% cap rate. Please coordinate showings with listing agent. Prefer to show outside of standard office hours due to existing business operations.
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