TN > Palmyra
Palmyra, TN 37142,1740 Highway 149
Listed by Mike Legg • Legg and Company

$995,000

Est. payment /mo

$1,045,493

4.8%
Est.Price: ?

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1740 Highway 149 Palmyra, TN 37142

8,197 SqFt

SOLD DATE : 06/12/2025

Key Details

Sold Price $995,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 8,197 sqft

Price per Sqft $121

MLS Listing ID 2622188

Sold Date 06/12/25

Year Built 2014

Lot Size 2.460 Acres

Acres 2.46

Property Sub-Type Retail

Property Description

Base lease period with DG expires 11/30/2029; three extension periods of 5 years each; Owner pays property taxes and invoices DG for reimbursement; Maintenance expense - Tenant; Insurance expense - Tenant. 7.5% cap rate.

Location

State TN

County Montgomery County

Zoning Commercial

Interior

Fireplace N

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Samantha Stephens

Samantha Stephens

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Samantha Stephens

Agent | License ID: 331784

+1(815) 509-9509

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