907 Providence Blvd Clarksville, TN 37042-4476

This exceptional investment opportunity presents a 7,200 square foot Maaco Auto Body shop in Clarksville, Tennessee. Located at 907 Providence Blvd, this property sits on a 0.92-acre lot and boasts a strong 10-year absolute triple-net (NNN) lease with a franchisee tenant. The lease commenced May 1, 2021, and has approximately 6.4 years remaining, with a 10-year renewal option. The current annual net operating income (NOI) is $65,000, representing a 6.50% cap rate. The asking price is $1,000,000 ($138.89/sq ft). Built in 1998, the property enjoys 100% occupancy. Rent increases by 8.50% every five years throughout the base term and the renewal option. This presents a stable, long-term investment with significant upside potential due to the built-in rent escalations. The property's location in Clarksville, TN, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, passively managed, automotive-related investment with a strong tenant and a secure lease. The property's strong financial performance and long-term lease make it an attractive addition to any investment portfolio.