985 Industrial Blvd Smyrna, TN 37167

This exceptional investment opportunity presents a 4,800 square foot Class A retail building, currently leased to American Family Care under a 15-year absolute NNN lease commencing August 1, 2023, and expiring July 31, 2038. The property boasts a strong 6.18% cap rate and a substantial net operating income (NOI) of $167,505. The lease includes annual rent bumps tied to CPI increases, with a 2% floor and no cap, ensuring consistent income growth. Located at 985 Industrial Blvd, Smyrna, TN 37167, this strategically positioned property benefits from its proximity to a high-performing Target store and other national retailers such as Kohl's, BJ's Club, Ross, Starbucks, Chipotle, and Longhorn Steakhouse. The site features ample parking, providing convenient access for patients. The property enjoys high visibility with 48,942 vehicles per day on Sam Ridley Parkway. The tenant, American Family Care, is backed by a corporate guarantee, mitigating risk. This single-tenant, net lease investment offers a secure and lucrative return with a remaining lease term of approximately 13.7 years and a price per square foot of $564.67. The asking price is $2,710,434. A 10-year lease option is also available.