Palmyra, TN 37142,1740 Highway 149
Listed by Mike Legg • Legg and Company
$995,000
Est. payment /mo
$1,045,493
4.8%
Est.Price: ?

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8,197 SqFt
SOLD DATE : 06/12/2025

Key Details

Sold Price $995,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 8,197 sqft

Price per Sqft $121

MLS Listing ID 2622188

Sold Date 06/12/25

Year Built 2014

Lot Size 2.460 Acres

Acres 2.46

Property Sub-Type Retail

Property Description

Base lease period with DG expires 11/30/2029; three extension periods of 5 years each; Owner pays property taxes and invoices DG for reimbursement; Maintenance expense - Tenant; Insurance expense - Tenant. 7.5% cap rate.

Location

State TN

County Montgomery County

Zoning Commercial

Interior

Fireplace N

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agent

Jenn McMillion

+1(931) 801-5503

Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® | License ID: TN: 343054 KY: 247503

Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® License ID: TN: 343054 KY: 247503

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