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Stonecrest Pkwy
Smyrna, TN 37167
Asking Price
$5.50M
Asset Type
Commercial Retail
Class
Class B
What's Special
Retail <ul><li>Prime opportunity to purchase commercial land for aproposed mixed-use development in an active retail corridor (see following page for proposed mixed-use development)</li><li>±5.5 Acres</li><li>Sale Price: $5,500,000</li><li>Zoned: C-2</li><li>Ideal location off Sam Ridley Pkwy (60,593 AADT)</li><li>Immediate access to I-24 (128,347 AADT)</li><li>Positioned adjacent to TriStar Stonecrest Medical Center and a BP gas station (2124 Rock Springs Rd)</li><li>Near the corner of Rock Sp
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NOI
$80,000
Cap Rate
1.45%
DSCR
0.24
Underwater
Cash-on-Cash
-14.94%
Monthly Payment
$27,210.999
Annual Cash Flow
$-246,531.989
