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2935 Lakeland Hills Drive
Lakeland, TN 38002
Asking Price
Contact for price
Asset Type
Retail
Class
Class B
What's Special
<p>6,561 SF former daycare building for sale, situated on 1.19 acres. The property was formerly occupied by the YMCA and presents a strong redevelopment opportunity. Ideally located on a hard corner at Highway 64 and Lakeland Hills Drive, offering excellent visibility and accessibility. The asking price is $1,650,000.</p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
