1. Tennessee
  2. Clarksville
  3. 1346 College St
$650,000

1346 College St, Clarksville, TN 37040

  • 7,976 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon1.02acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $81/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investment Opportunity! This property features three fully leased commercial buildings with a current cap rate of 4.64% and plenty of room for growth. The asset generates a strong and steady income stream with monthly rental income of $3,468 and annual rental income of $41,616, resulting in a Net Operating Income (NOI) of $30,138 per year. The existing lease runs through December 2028 and includes two additional 5-year extension options, providing long-term stability. With annual rental escalations of 2.5%, investors can enjoy built-in income growth over time. Don’t miss this rare opportunity to acquire a fully occupied investment property with consistent cash flow and long-term upside!

Listing Status:
Active
Date Added:
September 12, 2025 at 05:00AM
Listing Office:
The Huffaker Group, LLC : 6154809617
Listing Agent:
David Huffaker : 6154809617
MLS ID:
2993830
  • A/C: None
  • Heating: None
  • Parking: Parking spaces: 0
  • Roofing: Metal
  • Originating MLS: realtrac
  • County: Montgomery CountyTN
  • Zoning: Commercial063055M C 00400 00012055M
  • Source: realtrac

This listing courtesy of David Huffaker, The Huffaker Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Burt Elementary School

110 Bailey St, Clarksville, TN, 37040

Grades 3-5

0.84 miles away

R

Richview Middle School

2350 Memorial Drive Ext, Clarksville, TN, 37043

Grades 6-8

3.68 miles away

M

Middle College @ Austin Peay State University

601 College St Bldg Marks, Clarksville, TN, 37044

Grades 11-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.