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    11910 Chapman Hwy Seymour, TN 37865

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    For Sale
    $2,111,429

    New 20-year NNN lease with attractive rental increases.

    Property size:
    3,000 SF
    Lot size:
    2.28 Acres

    Property Features for 11910 Chapman Hwy

    General Information

    Size
    3,000 SF
    Lot size
    2.28 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Auto Shop NNN Lease

    This property is subject to a brand-new 20-year absolute triple-net (NNN) lease which commenced on 12/17/2024. The lease has no landlord responsibilities. The lease features 2.00% rental increases annually starting year 6. The lease is subject to a corporate guarantee from Main Street Auto. Main Street Auto is a rapidly growing operator of automotive repair shops in the southeast, currently operating approximately 100 locations with plans for continued growth. The property is suitable for auto shops, automotive properties, retail purposes, and other specialty uses. The property contains 3,000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Smoky Mountain Auto ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Monte's Downtown Autobody of Seymour, 1 Stop Auto Shop, Caliber Collision, Seymour Oil & Lube, The Power Window Doctors

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.740564
    Latitude
    35.861214

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    FAQs

    What type of property is this?
    Auto shop - New 20-year NNN lease with attractive rental increases.
    Where is this auto shop located?
    The property is located at 11910 Chapman Hwy Seymour, TN.
    What is the asking price?
    The asking price for this property is $2,111,429.
    What are key features of this property?
    This property features: - Brand new, 20-year absolute triple net (NNN) lease – a completely hands-off investment.; - Strong corporate guarantee from Main Street Auto.; - Attractive 2.00% rental increases annually starting year 6, boosting your returns.
    (332) 345-2408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11910 Chapman Hwy Seymour, TN 37865
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