Commercial Real Estate in Tennessee available for sale
Convenience Stores For Sale

Convenience Stores for Sale in Tennessee, USA

More details for 5119 S 11 Hwy, Calhoun, TN - Retail for Sale

5119 S 11 Hwy

Calhoun, TN 37309

  • Convenience Store
  • Retail for Sale
  • $1,013,303 CAD
  • 3,910 SF
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More details for 114 N Church St, Waverly, TN - Office for Sale

114 N Church St

Waverly, TN 37185

  • Convenience Store
  • Office for Sale
  • $625,495 CAD
  • 13,762 SF
  • Air Conditioning
  • Reception
  • Restaurant

Waverly Office for Sale

114 N. Church Street, Waverly, Tennessee 37185 - Multi-Tenant Commercial Property Invest in the bustling heart of downtown Waverly with this fully leased multi-tenant commercial building. The property boasts a solid income stream from three long-term commercial tenants and a storage unit. With two anchor tenants locked into 10-year leases, this investment provides remarkable income stability, complete with annual CPI-adjusted escalations ensuring inflation protection. The meticulously structured leases offer rising income potential, with Suite A set to ramp up monthly rates in 2026 and both anchor tenants set for regular escalations ahead. Featuring a current stabilized NOI of around $33,200/year and a promising cap rate of 6.3%, this property offers a lucrative investment opportunity with no lease-up risk. Benefit from a secure income stream from day one and capitalize on the property's poised income growth. Don't miss this chance to own a fully leased and stabilized asset in a prime location. Mini-splits were added throughout the main building in 2020, and the roof was resurfaced on the main building in 2020 and is under warranty. A warehouse behind the main building offers 1,800 sqft of additional space. If you are looking for a space that offers convenience, this property delivers with ample on-street parking for clients and visitors. Don't miss out on this opportunity to be part of the growing downtown Waverly community! Both properties are also listed separately 114 N church st. MLS# 2794152 and 106 W Rogers St MLS# 2794736.

Contact:

Realty Executives Hometown Living

Property Subtype:

Loft/Creative Space

Date on Market:

2025-03-18

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More details for 216 E Commerce St, Waverly, TN - Land for Sale

216 E Commerce St

Waverly, TN 37185

  • Convenience Store
  • Land for Sale
  • $938,243 CAD
  • 1.69 AC Lot
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More details for 3035 W Lamar Alexander Pky, Friendsville, TN - Land for Sale

3035 W Lamar Alexander Pky

Friendsville, TN 37737

  • Convenience Store
  • Land for Sale
  • $4,573,067 CAD
  • 5 AC Lot
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More details for 204 Gifford Place, Joelton, TN 37080 – for Sale, Joelton, TN

204 Gifford Place, Joelton, TN 37080

  • Convenience Store
  • Mixed Types for Sale
  • Price Upon Request
  • 5 Properties | Mixed Types
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More details for 436 Robeson Street, Ripley, TN - Land for Sale

00 Hwy 51 Ripley, TN - 436 Robeson Street

Ripley, TN 38063

  • Convenience Store
  • Land for Sale
  • Price Upon Request
  • 1.02 AC Lot
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