15617 State HwySpencer, TN 38585

Property Details for 15617 State Hwy

Lot size

1.06 AC

Property size (Sq ft)

1,728 SF

Property type

Specialty properties

Property subtype

Land

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

Location Insight

City

Spencer

County

Van Buren

State

Tennessee

Latitude

35.7521

Longitude

-85.4581

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