15617 State HwySpencer, TN 38585

  • Other commercial real estate
  • 1,728 SF
For Sale
$419,900 View listing

Property Details for 15617 State Hwy

Lot size
1.06 AC
Property size (Sq ft)
1,728 SF
Property type
Other commercial real estate
Property subtype
Other specialty properties

Description

This exceptional investment opportunity presents a 1.06-acre commercial parcel in Spencer, Tennessee, at 15617 State Highway 111, encompassing a 1,728 square foot building currently leased to Subway. The property boasts a highly visible location with significant traffic volume and ample parking, ensuring consistent customer flow. A four-year lease is in place, generating a monthly rental income of $1,300, providing immediate and predictable cash flow. The lease includes an option for a five-year extension, offering long-term financial stability. The sale includes only the land and building

15617 State Hwy, Spencer, Tennessee

Location Insight

City
Spencer
County
Van Buren
State
Tennessee
Latitude
35.7521
Longitude
-85.4581

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