2241 Fairview Blvd A Fairview, TN 37062-9070

This exceptional commercial property, located at 2241 Fairview Blvd, Fairview, TN 37062, presents a compelling investment opportunity. The single-story, 3,860 square foot building, constructed in 2011 and extensively renovated in 2023, sits on a 0.34-acre lot zoned CG. Currently, the property is fully leased to two tenants: a dental practice and a national insurance branch. Both leases are Net-Net-Net (NNN), ensuring minimal landlord responsibilities. The current lease terms extend to December 17, 2028 and December 17, 2033, respectively, with two five-year renewal options on each. Annual rent increases are built into the leases, with escalations of 2.5% and 1.25%. The property boasts a strong Net Operating Income (NOI) of $105,216, resulting in an attractive 6.01% capitalization rate. Situated in Williamson County, Tennessee, a rapidly growing area, this property offers a stable income stream and significant long-term growth potential. The building's design allows for the potential addition of a third unit. This is a turnkey investment opportunity with a proven track record of success. The asking price is $1,750,999.