For Sale
$1,250,000

449 Moss TrlGoodlettsville, TN 37072

Net-leased daycare, prime location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a 3,990 square foot, single-story, Class C retail building currently operating as a 100% occupied daycare center. Located at 449 Moss Trail in Goodlettsville, Tennessee (zip code 37072), this property sits on a 0.75-acre lot with 38 parking spaces and offers significant future development potential. The building, constructed in 1975, is in good repair and benefits from a strong tenant with a credit rating, currently under a net lease (NNN) with a remaining term of 4 years and annual rent bumps of 3%. The asking price is $1,250,000, representing a price per square foot of $313.28 and a 5.00% cap rate. The property is zoned 6Zz for City of Goodlettsville Commercial use and enjoys convenient access to I-65 and the 2-Mile Parkway. This presents a compelling investment opportunity in the desirable Goodlettsville/Rivergate area. The single tenant daycare has proven to be an excellent tenant, providing stability and consistent income. This property is an ideal addition to any diversified investment portfolio.

Highlights

  • Excellent Goodlettsville investment opportunity near I-65 and 2-Mile Parkway.
  • 0.75-acre lot with high development potential.
  • 3,990 square foot building in good condition.
  • Currently leased to a credit-rated daycare tenant with a 4-year remaining lease term and 3% annual rent bumps.
  • NNN Net Lease, $1,250,000 asking price, 5.00% cap rate, 100% occupancy.

Property Details for 449 Moss Trl

Property type
Day care centers & nurseries, Retail properties
Square Feet
3,990 SF
Class
C
Year Built
1975
Buildings
1
Stories
1
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Goodlettsville
County
Davidson
State
Tennessee
Latitude
36.3103865
Longitude
-86.7059111
449 Moss Trl, Goodlettsville, Tennessee

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449 Moss Trl
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