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136 Bear Creek Pike
Columbia, TN 38401
Retail Property For Sale
Investment Highlights
- 100% Occupied Shopping Center with Advance Auto Parts (NYSE: AAP); Advance Auto Parts is on Separate Parcel with a Recent 10yr Abs. NNN Extension
- Upside Potential from all Tenants Currently Paying well Below Market Rents; Income Tax Free Tennessee
- Retail Rents in Columbia have Increased at 30% in the past 36 months; Located South of Nashville in Maury County; Fastest Growing County in Tennessee
- Low Priced Per Foot Offering at $203; Average Price PSF for Retail Properties in Columbia is Over $290 (Past 12 Months According to CoStar)
- Excellent Frontage and Visibility Along Bear Creek Pike with over 60,000 Vehicles Per Day at Nearby Intersection; Metal Roof with Warranty in Place
- Population in Columbia, TN has Increased over 25% Since 2010; Over 70% of Residents are Homeowners within 10 miles of Subject Property
Property Facts
Property Type
Retail
Property Subtype
Building Size
20,640 SF
Building Class
C
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.44
Lot Size
1.08 AC
Zoning
MCD
Parking
60 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
219’ on Bear Creek Pike
Amenities
- Pylon Sign
- Restaurant
- Signage
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 090B-C-001.00 | Improvements Assessment | $421,200 |
| Land Assessment | $216,000 | Total Assessment | $637,200 |
Property Taxes
Parcel Number
090B-C-001.00
Land Assessment
$216,000
Improvements Assessment
$421,200
Total Assessment
$637,200
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