1004 Pleasant Grove Pl Mt. Juliet, TN 37122
This exceptional investment opportunity presents a fully leased, 15,600-square-foot day school building situated on a 1.3-acre lot in Mt. Juliet, Tennessee. The property, constructed in 2022, boasts a single-story design and is currently operating under a triple-net (NNN) lease with 14 years remaining on the initial term. The asking price is $6,850,000, representing a compelling $439.10 per square foot and a 6.5% capitalization rate. This represents a strong return on investment for a brand-new, fully occupied asset in a desirable location. The property's address is 1004 Pleasant Grove Pl, Mt. Juliet, TN 37122, within Wilson County. The building's modern construction and long-term lease provide exceptional stability and predictable cash flow, making it an ideal addition to any commercial real estate portfolio. The property's location in Mt. Juliet offers convenient access to major transportation routes and a thriving community. This is a rare opportunity to acquire a high-quality, income-producing asset with significant long-term potential. The strong tenant and long-term lease provide a secure investment with excellent potential for future appreciation. Don't miss this chance to own a piece of this thriving community.
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Learning Zone Mt. Juliet Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.