715 Walker Dr, Smithville, TN 37166

$999,900
4,998
SqFt

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List Price
$999,900
Price Change
▼ $98,990,100 1789695424
Status
ACTIVE
MLS#
247231
Sq. Ft
4,998
Acres
1.12
Year Built
2004

Property Description

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.

Additional Information

Roof
Composition
Construction
Block, Brick, Vinyl Siding
Basement
Crawl Space
Garage Type
Common, Paved
Cooling
Central Air
Heating
Natural Gas, Central
Water
Public

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Calculator source: Real Geeks

Listing courtesy of American Way Real Estate.