724 President Pl | Smyrna, TN 37167
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- LoopNet Team
724 President Pl
Smyrna, TN 37167
First Bank · Retail Property For Sale
Investment Highlights
- Long-Term Lease Security – First Bank Recently Executed a 10-Year Lease Extension, Providing Over ±12.5 Years of Term Remaining on an Absolute Nnn Lea
- Zero Landlord Responsibilities – the Absolute Nnn Lease Structure Eliminates Landlord Obligations, Offering Investors a Truly Passive, Management-Free
- High-Growth Nashville Msa – Located IN One of the Nation’S Fastest-Growing Metro Areas With Over 2 Million Residents, the Asset Benefits From Strong P
- Attractive Branch Performance – This Location Demonstrates Strong Banking Activity With Deposits Exceeding $55.9 Million, Highlighting Its Stability W
- Trophy Retail Location – Positioned Along Sam Ridley Parkway West With Traffic Counts Exceeding ±44,000 Vpd, the Property is Surrounded by National Re
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
4,085 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.34 AC
Zoning
C-2 - Highway Service
Parking
20 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 028I-A-005.02-000 | Improvements Assessment | $285,560 |
| Land Assessment | $656,320 | Total Assessment | $941,880 |
Property Taxes
Parcel Number
028I-A-005.02-000
Land Assessment
$656,320
Improvements Assessment
$285,560
Total Assessment
$941,880
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