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565 Water Street

565 Water Street Savannah TN 38372

  • Lease Type
    Absolute NNN
  • Price
    $720,000
  • Acres
    0.58

This ±2,964 SF investment property offers a stable, long-term income stream with a nationally recognized tenant in place. State Farm Insurance – Bruce Jacobs Agency – occupies the space under a Absolute NNN lease, backed by a personal guarantee. Strategically located, this well-maintained property is ideal for investors seeking a passive, hassle-free asset with an established tenant.

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Details

Property Information

  • Property Type
    Investment
  • Building SF
    2,964
  • Year Built
    2001
  • Acres
    0.58

Pricing & Terms

  • Price
    $720,000
  • Lease Type
    Absolute NNN
  • NOI
    $54,000
  • Cap Rate (Actual)
    7.50%
  • Comments
    This ±2,964 SF investment property offers a stable, long-term income stream with a nationally recognized tenant in place. State Farm Insurance – Bruce Jacobs Agency – occupies the space under a Absolute NNN lease, backed by a personal guarantee. Strategically located, this well-maintained property is ideal for investors seeking a passive, hassle-free asset with an established tenant.

Property Documents

Aerial Map