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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7603 Us-70 Bartlett, TN 38133

1,840 SF 0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,840-square-foot storefront located at 7603 US-70 in Bartlett, Tennessee, within the established Appling Crossing neighborhood center. The property sits on a 0.64-acre lot and is currently 100% leased to Thryve Chiropractic & Kinetics under a Net Lease (NNN) agreement. The lease term is five years, with a built-in 3.5% rent increase in year four. The current annual net operating income (NOI) is $53,360, generating a compelling 7.25% capitalization rate. The asking price for this turnkey retail investment is $736,000, translating to a price per square foot of $400. This property offers a stable, long-term investment with a strong tenant in a desirable location, making it an attractive option for investors seeking a high-yield, low-maintenance asset. The property's location in Bartlett, Shelby County, Tennessee (zip code 38133) provides excellent visibility and accessibility. This is a brand new outparcel offering a secure and profitable investment opportunity. The property's strong tenant and favorable lease terms make it a low-risk, high-reward investment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,840 SF
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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