For Sale
$5,479,000

101 Ringgold RdClarksville, TN 37042

High-yield NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • Brand-new 20-year corporate net lease with 2% annual rent increases.
  • 2024 renovations include new roof, HVAC, and interior remodel.
  • Lease guaranteed by Higher Ground Education (HGE), a financially strong corporate school operator with experienced executives.
  • Clarksville, TN is a rapidly growing, tax-free state location.
  • Tenant is Guidepost Montessori, the world's largest Montessori school operator.
  • Tenant is a Department of Defense childcare provider for Fort Campbell.

Property Details for 101 Ringgold Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
10,000 SF
Year Renovated
2024
Lot Size (sq. ft)
36,590 SF

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.5942697
Longitude
-87.4169972
101 Ringgold Rd, Clarksville, Tennessee
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Day care center & nursery - High-yield NNN lease, strong tenant.
Where is the day care center & nursery located?
The property is located at 101 Ringgold Rd Clarksville, TN.
What is the asking price?
The asking price for this property is $5,479,000.
What are key features of this property?
This property features: Brand-new 20-year corporate net lease with 2% annual rent increases.; 2024 renovations include new roof, HVAC, and interior remodel.; Lease guaranteed by Higher Ground Education (HGE), a financially strong corporate school operator with experienced executives.
How can I contact the broker?
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101 Ringgold Rd
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