Fred's Pharmacy - Mount Pleasant, TN

700 N Main St Mount Pleasant , TN 38474-1016

Fred's Pharmacy - Mount Pleasant, TN - Retail for sale

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Overview



Single-tenant Fred’s Pharmacy located on North Main Street for sale. Set in the prime retail corridor of Mount Pleasant and is in close proximity to the downtown business district, the community center and neighborhood schools. Mount Pleasant is just 58 miles southwest of Nashville, Tennessee’s largest hub of development and growth.

Investment Highlights


  • Property built to tenant’s specifications in 2012
  • Subject to NN lease with 5.5 years remaining
  • Includes three 5-year options
General
Property Type Retail
Property Subtype Single Tenant / Standalone
Tenure Type Sale / Purchase
Property Address 700 N Main St, Mount Pleasant, TN 38474-1016
Land In Acres 1.77
Building Size 16,800  ft2
Year Built 2012
Financial
Price $1,400,000
Cap Rate 9.99%
Current NOI $139,923.00
Lease

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