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6115 Stage Rd 5,631 SF 100% Leased Retail Building Bartlett, TN 38134 $1,350,000 ($239.74/SF) 7.50% Cap Rate
Executive Summary
NAI Saig Company presents 6115 Stage Road in Bartlett, TN, a 5,600 SF retail center featuring two tenants and 100% occupancy. At closing, Batteries Plus will execute a new 7-year NNN lease with 2% annual escalations, providing strong and stable incomefor an investor. The property offers upside through a potential rental increase on the 1,500 SF unit upon lease expiration and is ideally located on the hard corner of Stage Center Drive and Stage Road with excellent exposure.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,631 SF
Building Class
B
Year Built
1988
Price
$1,350,000
Price Per SF
$239.74
Cap Rate
7.50%
NOI
$101,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.59 AC
Zoning
C-P, Planned Commercial
Parking
28 Spaces (4.97 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Information
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Lorem Ipsum
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Jan 0000
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Information | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | B0-157-0-0580 | Improvements Assessment | $225,920 |
| Land Assessment | $77,120 | Total Assessment | $303,040 |
Property Taxes
Parcel Number
B0-157-0-0580
Land Assessment
$77,120
Improvements Assessment
$225,920
Total Assessment
$303,040
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6115 Stage Rd
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