For Sale
$550,000

15367 Rankin Ave Dunlap, TN 37327

High-yield medical/commercial investment.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 3,325 square foot, single-story commercial building situated on a one-acre lot in Dunlap, Tennessee. The property, located at 15367 Rankin Ave, boasts three (3) fully occupied rental units, currently generating a 6% cap rate. Built in 1985, the building features ample parking and the potential for a drive-through window. One unit is currently configured as a doctor's office, showcasing the property's suitability for medical practices. The asking price is $550,000, translating to $165.41 per square foot. This multi-tenant property offers a strong return on investment in a growing community with a charming small-town atmosphere. The property's location across from Taco Bell on Rankin Ave provides excellent visibility and accessibility. The existing building's one-acre lot allows for potential expansion if desired. This is a rare opportunity to acquire a fully leased, high-performing commercial property in a desirable location. The property's current 100% occupancy ensures immediate cash flow, making it an attractive investment for both seasoned and new investors. Don't miss this chance to own a piece of Dunlap's thriving commercial landscape.

Highlights

  • 3,325 SF single-story commercial building on a one-acre lot in Dunlap, TN.
  • Three fully occupied rental units generating a 6% cap rate.
  • Asking price: $550,000 ($165.41/SF).
  • Located at 15367 Rankin Ave, across from Taco Bell, offering high visibility.
  • Potential for expansion due to the one-acre lot and possible drive-through window.
  • 100% occupancy ensures immediate cash flow.

Property Details for 15367 Rankin Ave

Property type
Office properties, Medical offices
Square Feet
3,325 SF
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
3

Location Insight

City
Dunlap
County
Sequatchie
State
Tennessee
Latitude
35.367955188142
Longitude
-85.39214210716

FAQs

What type of property is this?
Office property - High-yield medical/commercial investment.
Where is the office property located?
The property is located at 15367 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,325 SF single-story commercial building on a one-acre lot in Dunlap, TN.; Three fully occupied rental units generating a 6% cap rate.; Asking price: $550,000 ($165.41/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
15367 Rankin Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message