7603 Us-70Bartlett, TN 38133

Property Details for 7603 Us-70

Lot size

0.64 AC

Property size (Sq ft)

1,840 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity presents a 1,840-square-foot retail storefront located at 7603 US-70 in Bartlett, Tennessee, within the established Appling Crossing neighborhood center. The property sits on a 0.64-acre lot and is currently 100% leased to Thryve Chiropractic & Kinetics under a single-tenant, net lease (NNN) agreement. The lease term is five years, offering immediate cash flow and long-term stability. The current net operating income (NOI) is $53,360, with a built-in 3.5% rent increase in year four. This translates to an attractive 7.25% capitalization rate based on the asking price of $736,000. The property's price per square foot is $400. This turnkey investment is ideal for passive income seekers looking for a strong return in a desirable Tennessee market. The property's location within a well-established neighborhood center ensures high visibility and accessibility for the tenant, contributing to the consistent rental income. This is a rare opportunity to acquire a stable, high-performing retail investment property with a strong tenant and favorable lease terms. The property's strong financials and prime location make it a compelling investment opportunity.

Location Insight

City

Bartlett

County

Shelby

State

Tennessee

Latitude

35.2296

Longitude

-89.8097

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].