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Auto Parts

Sun Auto Tire & Service

1554 Donelson Pkwy, Dover, TN 37058

Listing Price: $2,667,000

Cap Rate
6.75%
Tenant Name
Sun Auto Tire & Service
Years Remaining On Lease
9.3
Gross SF
10,800
Guarantor
Corporate Guarantee
Rentable SF
10,800
Price/Gross SF
$246.94
Lease Type
Double Net
Rent Per Square Feet
$16.67

Investment Overview

2020 Construction - Modern, purpose-built facility minimizes near-term capital expenditure and deferred maintenance risk

High-Growth MSA - Clarksville MSA, 24% population growth last decade, household incomes nearly doubled since 2000

Strategic Location - Primary corridor between Clarksville and Land Between the Lakes, captive market, limited competition

Investment Highlights

  • 550+ Location Corporate Tenant - Sun Auto Tire & Service, corporate guarantee, proven national operator
  • Brand-New 10-Year Lease - Commenced July 2025, Double Net structure with minimal landlord responsibility
  • Built-In Rent Growth - 8% increases every 5 years through four renewal options extending to 2055

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Auto Parts

Sun Auto Tire & Service

Listing Price: $2,667,000

Cap Rate
6.75%
Tenant Name
Sun Auto Tire & Service
Years Remaining On Lease
9.3
Gross SF
10,800
Guarantor
Corporate Guarantee
Rentable SF
10,800
Price/Gross SF
$246.94
Lease Type
Double Net
Rent Per Square Feet
$16.67

Investment Highlights

  • 550+ Location Corporate Tenant - Sun Auto Tire & Service, corporate guarantee, proven national operator
  • Brand-New 10-Year Lease - Commenced July 2025, Double Net structure with minimal landlord responsibility
  • Built-In Rent Growth - 8% increases every 5 years through four renewal options extending to 2055

Investment Overview

2020 Construction - Modern, purpose-built facility minimizes near-term capital expenditure and deferred maintenance risk High-Growth MSA - Clarksville MSA, 24% population growth last decade, household incomes nearly doubled since 2000 Strategic Location - Primary corridor between Clarksville and Land Between the Lakes, captive market, limited competition

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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