Maaco Auto Body
Clarksville, Tennessee
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NNN Pro Group is pleased to present the exclusive listing for a Maaco Auto Body Shop located at 907 Providence Boulevard in Clarksville, TN. The site consists of roughly 7,200 rentable square feet of building space on estimated 0.92-acre parcel of land. This Maaco Auto Body is subject to a 10-year absolute triple-net (NNN) lease, which commenced May 1st, 2021. The current annual rent is $65,000 and is scheduled to increase by 8.50% every 5 years throughout the base term and in the 1, 10-year renewal option.
About the Investment:
✓ 10-Year Absolute Triple Net (NNN) Lease
✓ Over 7 Years of Lease Term Remaining
✓ Eight-And-A-Half Percent (8.50%) Rental Increases Every 5 Years
✓ One (1), Ten (10)-Year Tenant Renewal Options