Listing Summary
Excellent Single-Tenant Investment Opportunity. STNL Corporate Guaranty Aaron's, Shelbyville, TN Recent Lease Extension | Income Tax Free State of Tennessee
Full Description
Original 15 Year Lease; Recent 4 Year Extension Bite Sized Deal in Downtown Shelbyville, TN Corporate Guaranty from Aarons: Public Company (NYSE: AAN) 1,300+ locations throughout the United States Absolute NNN; Zero Landlord Responsibilities 10% Increases in Each Option of the Two Remaining 2 Yr Option Periods Tenant Completed Exterior Renovations in 2022 Significantly Below Market Rent; Tenant Currently Paying $2 PSF Annually Low Cost Basis and Price PSF of $30
Quick Glance
- Listing ID:
CL-Tennessee-11386
- Status:
Active
- Year Build:
1962
- Building Size:
20,346 SqFt
- Lot Size:
N/A