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Details: Retail

Asking Price: $1,505,000

Square Feet: 9,500 SF

Asking Cap Rate: 8.00%

Year Built: 2021

NOI: $120,360

Cordova Collision

1532 Bonnie Ln, Cordova, TN 38016

  • Modified NNN (Minimal Landlord Responsibilities)
    • Roof and Structure
  • Annual Rental Escalations
    • Collision Right: 2% Increases Annually
  • Significant Term Remaining
    • Collision Right: 9 Years
  • Corporately Guaranteed Lease
  • Strong Population in Trade Area
    • 3 Miles: 61,225
    • 5 Miles: 146,261
  • Strong Traffic Counts
    • Germantown Pkwy: 44,752
  • Access Via Lighted Intersection of Germantown Pkwy and Bonnie Ln
  • Located in Close Proximity to over 500,000sf of Retail

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