Detail

Updated on August 18, 2021 at 7:58 pm

  • Land Area: 1 acres
  • Property Size: 1,850 sq ft
  • Price: $1,977,000
  • Year Built: 2006

Description

• Pride of purchase opportunity: Starbucks net leased restaurant
• $98,868 net annual income (starting October 1, 2021) | 5.0% cap rate
• 5 years remaining on lease plus three 10 year 0ptions
• Heavy traffic highway location
• Deeded land area: 0.93± acres | Calculated land area: 0.72± acres
• Lot dimensions: 181.56′ x 181.11 x irregular
• Surface parking: 48± Vehicles
• Zoned C5
• APN: 081 06109 000
• Tenant: Starbucks
• Lease commencement date: 9/2006 | Lease expiration date:9/2026
• Lease type: Double net | Increases: 10% every 5 years

Property Documents

  • Marketing Package for 2235 Madison St
  • Address: 2235 Madison St
  • City: Clarksville
  • State/county: TN
  • Zip/Postal Code: 37043
  • Country: United States

Contact info

Bradley A. Luster
Bradley A. Luster
213.747.4154213.276.2483
Linkedin
Martin S. Beck
Martin S. Beck
213.222.1202323.314.7729
Linkedin

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