NNN Property with Long-Term
For Sale
Contact for pricing
5687 Smithville Hwy, Sparta, TN 38583
Large commercial building leased under a long-term NNN structure with scheduled annual rent increases.
Property SizeContact for details
Days on Market143
Property Features for 5687 Smithville Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
The property includes approximately 124,417 square feet of building space on approximately 18.94 acres at 5687 Smithville Highway in Sparta, Tennessee. BBB Industries is identified as the tenant, with a new 20-year triple-net lease scheduled to begin the day after closing.
The lease provides for 1.50% annual rent increases beginning in Year 2. Escalations continue throughout the base term and the four available five-year tenant renewal options. The lease is structured as absolute NNN, with no landlord responsibilities described during the term.
The lease provides for 1.50% annual rent increases beginning in Year 2. Escalations continue throughout the base term and the four available five-year tenant renewal options. The lease is structured as absolute NNN, with no landlord responsibilities described during the term.
Key Highlights
- Approximately 124,417 square feet of building space
- Approximately 18.94 acres of land
- New 20‑year triple‑net (NNN) lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 38583, TN
25,302
Population
11,158
Households
2.3
Avg Household Size
44
Median Age
14%
College-Educated
83%
High-School Grad
363.6 sq mi
ZIP Area
70
Density / Sq Mi
$58,285
Median Household Income
$32,634
Median Earnings
$851
Median Rent
$199,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Large commercial building leased under a long-term NNN structure with scheduled annual rent increases.
Where is this nnn property located?
The property is located at 5687 Smithville Hwy Sparta, TN.
What are key features of this property?
This property features: Approximately 124,417 square feet of building space; Approximately 18.94 acres of land; New 20‑year triple‑net (NNN) lease
