$650,000 - 1346 College St, Clarksville

Investment Opportunity! This property features three fully leased commercial buildings with a current cap rate of 4.64% and plenty of room for growth. The asset generates a strong and steady income stream with monthly rental income of $3,468 and annual rental income of $41,616, resulting in a Net Operating Income (NOI) of $30,138 per year. The existing lease runs through December 2028 and includes two additional 5-year extension options, providing long-term stability. With annual rental escalations of 2.5%, investors can enjoy built-in income growth over time. Don’t miss this rare opportunity to acquire a fully occupied investment property with consistent cash flow and long-term upside!