Strong In-Place Yield with Stable Occupancy
Property is 100% leased and generates approximately $315,697 in NOI, providing an 8.00% cap rate at the offering price, delivering immediate cash flow with no lease-up risk.
High-Quality Medical & Service-Oriented Tenancy
The tenant mix is anchored by Ascension Saint Thomas Urgent Care and STAR Physical Therapy, complemented by wellness, retail, and professional users — a diversified lineup that drives consistent daily traffic and reduces traditional retail volatility.
Newer Construction with Reduced Capital Exposure
Built in 2018, the asset benefits from modern design, lower near-term maintenance risk, and improved tenant appeal relative to older competing inventory.
Positioned Along a Dominant Commercial Corridor
Located on South Jefferson Avenue with traffic counts exceeding 22,000 VPD, the center enjoys excellent visibility, strong access, and proximity to major national retailers, employment drivers, and Cookeville’s primary growth corridors.
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