1031 Nasdaq Street Spring Hill, TN 37174
$3,488,973
For Sale
Details
- StatusFor Sale
- Price$3,488,973
- Cap Rate5.75%
- TenantsJoyBridge Kids
- Lease Type15-Year Absolute Triple Net (ABS NNN) Lease
- Building Size4,180 SF
- Lot Size1.18 Acres
- NOI$200,616
Documents
Property Description
Explore this exceptional NNN investment opportunity in Spring Hill, TN. The 4,180 SF property at 1031 Nasdaq Street is newly constructed and leased to JoyBridge Kids, a leading autism clinic provider. With a 15-year Absolute Triple Net (ABS NNN) lease in place, this investment offers complete peace of mind with zero landlord responsibilities. Priced at $3,488,973, the property generates a solid Net Operating Income (NOI) of $200,616, reflecting a cap rate of 5.75%.
This property is located in a rapidly expanding area within the Nashville MSA, known for its strong economic growth and high quality of life. The surrounding community boasts over 50,000 residents within a 3-mile radius, with an average household income exceeding $100,000. The lease includes 1.25% annual rental increases beginning in year three, ensuring consistent income growth for investors.
Spring Hill’s strategic location, just 30 miles south of Nashville, positions this property in a high-demand area with excellent access to major roadways and amenities. This is a rare opportunity to secure a stable, long-term investment in one of Tennessee’s fastest-growing markets.
Contact us today to learn more about this premier investment opportunity.
Brian Brockman – Broker – License #: 343847 – Bang Realty-Tennessee Inc – bor@bangrealty.com – 513-898-1551
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