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33298644
33298643

875 Union St, Shelbyville, TN 37160

AB
TN 335953
Benchmark Realty LLC
Listed by Benchmark Realty LLC
$1,525,000
143 days on market
Updated 1 day ago

Union Street

Details
Property Type Retail
Sub Type Day Care/Nursery, Storefront
Square Footage 18,595
Cap Rate 6.55%
NOI $99,921
Tenancy Multi
Lease Type Gross
Price per SqFt $82
Stories 2
Investment Type Value Add
Ground Lease No

Shelbyville Retail Opportunity | 18,595 SqFt

Marketing description

Retail investment opportunity in the heart of Shelbyville, TN. This well-located retail building is fully occupied*, with the exception of a **4,388 SF storage space** situated at the rear of the property, offering immediate upside through lease-up or alternative use. The property is supported by a stable existing tenant base and has recently benefited from a **brand new roof**, reducing near-term capital expenditure concerns and enhancing long-term asset durability. A key highlight of this property is the **significant opportunity for rent growth**. Current rents remain below market, providing investors with a clear path to **rent improvement** through renewals, repositioning, or future leasing strategies. Combined with the vacant storage component, this asset offers both **in-place cash flow and value-add potential**. Strategically positioned along Union Street, the property enjoys strong visibility and convenient access to Shelbyville’s commercial corridors, making it an attractive long-term hold for investors seeking stable income with upside.

Listing Contacts

AB
TN 335953
Benchmark Realty LLC
Listed by Benchmark Realty LLC

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,921.36
$8,326.78/mo

Valuation Metrics

0
DSCR
6.55%
Cap Rate
6.55%
ROI

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Additional Information

Name
Adam Beach
License
335953
Brokerage
Benchmark Realty LLC
Brokerage Phone
(615) 809-2323
Title
Realtor
Brokerage Address
271 Robert Rose Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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