Profitable Mixed-Use Retail, Car Wash And Self Storage For Sale - Business for Sale
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Mixed-Use Retail, Car Wash, and Self Storage in Seymour, TN
TN, US
Added 1 month ago
Mixed-Use Retail and Storage Investment
Absentee / Semi-Absentee
A mixed-use investment property in Seymour, TN, combining self storage, retail units, and a car wash, offering stable income and growth potential.
Key Information
Asking
$1.7M
Revenue
–
Earnings
$131K
Multiple
13.0x
Key Highlights
- Property delivers a 7.68% cap rate, with pro-forma upside to 8.78%
- Total area is 10,980 square feet with 51 units
- Approximately 70% of income comes from retail tenants and repeat car wash customers
- Self storage component has 88% occupancy
- Includes long-term tenants, such as a restaurant with a newly renewed 5-year NNN lease with annual rent increases and a personal guarantee
- Recent upgrades include LED lighting, security cameras, modern payment systems, internet installation, and updated HVAC
Contact Info
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