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125 Franklin St
Clarksville, TN 37040
Strawberry Alley Lofts · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Mixed use asset in downtown Clarksville with both commercial and residential income
- Additional storefront along Strawberry Alley provides second commercial revenue stream
- Diversified income stream reduces reliance on any single tenant type
- Fully built out restaurant space in place with bar and high capacity layout
- Four fully furnished residential units with in place cash flow
- Located in the core of downtown with strong foot traffic and visibility
Résumé de l'annonce
Marcus & Millichap has been selected to exclusively market the Strawberry Alley Lofts in downtown Clarksville, TN. This offering provides investors the opportunity to acquire a rare value-add mixed-use asset in one of Tennessee’s fastest-growing cities.
125 Franklin Street is a mixed-use property located in the core of downtown Clarksville, combining stabilized residential income with commercial upside. The asset features a fully built-out restaurant space, an additional storefront along Strawberry Alley, and four leased residential units, providing diversified and immediate cash flow. Its prime downtown location benefits from strong foot traffic and proximity to Austin Peay State University and F&M Bank Arena. The property offers a clear opportunity to enhance income through commercial leasing and continued rent growth in one of the city’s most active corridors.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Strawberry Alley Lofts.
125 Franklin Street is a mixed-use property located in the core of downtown Clarksville, combining stabilized residential income with commercial upside. The asset features a fully built-out restaurant space, an additional storefront along Strawberry Alley, and four leased residential units, providing diversified and immediate cash flow. Its prime downtown location benefits from strong foot traffic and proximity to Austin Peay State University and F&M Bank Arena. The property offers a clear opportunity to enhance income through commercial leasing and continued rent growth in one of the city’s most active corridors.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Strawberry Alley Lofts.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
9 575 pi²
Classe d’immeuble
C
Année de construction
1900
Prix
2 759 686 $ CAD
Prix par pi²
288,22 $ CAD
Taux de capitalisation
6,53%
Revenu net d’exploitation
180 300 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
3,14
Taille du lot
0,07 AC
Zone de développement économique
Oui
Stationnement
3 places (0,31 places par 1 000 pi² loué)
Façade
Impôts fonciers
| Numéro de lot | 066G-G-017.00 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 413 744 $ CAD |
Impôts fonciers
Numéro de lot
066G-G-017.00
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
413 744 $ CAD
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