Stabilized Cash Flow with Attractive Yield
The property is 100% occupied with nine tenants and generates approximately $522,599 in NOI, offering investors a 7.30% cap rate at the asking price — providing immediate in-place income.
Durable National / Service-Oriented Tenancy
The Rent Roll is anchored by nationally recognized retailers including Dollar Tree and Staples, complemented by internet-resistant daily-needs tenants such as Great Clips, Biomat, and finance users, supporting long-term occupancy stability.
Strong Retail Corridor Fundamentals
Positioned along South Willow Avenue with traffic counts exceeding 25,000 VPD, the asset benefits from excellent visibility, pylon signage, and proximity to major national retailers and consumer drivers within Cookeville’s primary retail node.
Growing Regional Trade Area
Cookeville serves as the economic hub of the Upper Cumberland region, supported by Tennessee Tech University, healthcare, and manufacturing employment, alongside consistent population and household growth trends that reinforce retail demand.
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