For Sale
$650,000

402 Market St Bolivar, TN 38008

High-Yield Retail Property, Long-Term Lease

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a 5,396 square foot retail building situated on a 13,068 square foot lot at 402 W W Market Street, Bolivar, TN 38008. The property boasts a long-term tenant with a recently renewed 5-year lease, ensuring a consistent income stream. Built in 1970, this single-story building has benefited from recent upgrades, including a complete HVAC system replacement in 2022, minimizing maintenance concerns. The landlord is responsible for property taxes, insurance, and major repairs, further reducing the investor's financial burden. The established tenant's fifteen-year history at this prime location demonstrates its enduring success and strong potential for continued profitability. The asking price for this turnkey investment is $650,000. This property offers a rare combination of stability, proven performance, and minimal landlord responsibilities, making it an ideal addition to any investment portfolio. The property's location in Bolivar, Hardeman County, Tennessee, provides excellent access to local amenities and a strong customer base. This is a truly exceptional opportunity for investors seeking a reliable and profitable investment.

Highlights

  • $650,000 asking price.
  • 5,396 square foot retail building on a 13,068 square foot lot.
  • Located at 402 W W Market Street, Bolivar, TN 38008.
  • Built in 1970, single-story building.
  • Long-term tenant with a recently renewed 5-year lease.
  • HVAC system replaced in 2022.

Property Details for 402 Market St

Property type
Retail properties, Land
Square Feet
5,396 SF
Year Built
1970
Stories
1

Location Insight

City
Bolivar
County
Hardeman
State
Tennessee
Latitude
35.2650676
Longitude
-89.0113199

FAQs

What type of property is this?
Retail property - High-Yield Retail Property, Long-Term Lease
Where is the retail property located?
The property is located at 402 Market St Bolivar, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: $650,000 asking price.; 5,396 square foot retail building on a 13,068 square foot lot.; Located at 402 W W Market Street, Bolivar, TN 38008.
How can I contact the broker?
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402 Market St
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