Value-Add Retail Strip Center | Priced at 50% Replacement Cost

Beau Beach, MBA CCIM presents:

402-410 N Spring Street in Sparta, TN is a 5 suite retail center with undeniable character.   Ample parking (5.3/1000 SF) on the .57 acre parcel of land.

Absentee, out of area owner who inherited the property.   Priced at just 50% of replacement cost to ensure a timely sale!

Seller Financing

Avoid all the bank headaches! For qualified buyers, seller will provide Seller Financing.  Choose the option that makes the most sense for your situation:

Down Pmt % Interest Rate Loan Term Personal Guarantee Interest Only
20% 5% 2 Yes Yes
15% 6% 2 Yes Yes
10% 7.50% 2 Yes Yes

Move your business in and let the other tenants pay for it

Why lease when you can own for less?  Buy this property with seller financing, occupy with your business and let the other tenants make your monthly payment for you.

4 of 5 storefronts are vacant and ready for your business.  Each storefront includes 2 bathrooms, utility room, front and back entrance, seperate HVAC.  Built in 1999.  Prominent pylon signage.  Zoned C-D which is intended for retail uses.  Click here for the complete zoning details.

Great location

Located on Sparta’s “main street”.  Situated between the local hospital, high school, middle school and the Rolling Acres neighborhood.  Adjacent sister building is occupied by Wellspring Family Chiropractic.  Daily traffic count exceeds 7,000 vehicles per day.

Priced to ensure a timely sale!  Contact us to receive the confidential Financial Snapshot and Floorplans.

This well priced property won’t last long.  Don’t miss this opportunity.  We must prepare all the paperwork.

>> Click to get the full Property Information Package instantly <<

 

  • Price: $899,000 ($149/SF) 
  • Area: .57 Acre 
  • Phone Number: 615-200-9330 
  • Space (s.f.): 6,024 SF 
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