715 Walker Drive, Smithville, TN 37166
sale
$999,900
|
Office
Courtesy Of American Way Real Estate
Single-tenant government office investment leased to the State of Tennessee for use by the Department of Children's Services and Department of Human Services. The 4,998-square-foot building is on 1.12 acres and is 100% occupied. Originally built in 2004, the property underwent approximately $400,000 in renovations and improvements in 2025 to meet State office requirement. The property is subject to an executed modified-gross lease with an initial 10-year term, one additional three-year renewal option, and scheduled rental increases. The state pays gas, electric, water, sewer, janitorial services, and janitorial supplies. Conveniently located in Smithville with C-1 commercialzoning. Offered as a leased-fee investment. Lease and supporting financialinformation are available to qualified buyers. Parking area is 110 x 140 and will accommodate45 parkingspaces. Possession is subject to State of Tennessee lease.
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Property Features
- Age: 21-30 Years Old
- Amenities: Disabled Access
- Amenities: Basement
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Exterior Type: Block
- Floors: 1
- Heating System: Central
- Heating System: Natural Gas
- MLSID: 247231
- Roof Type: Composition
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