TN > Palmyra
Palmyra, TN 37142,1740 Highway 149
Listed by Mike Legg • Legg and Company
$995,000
$1,045,493
4.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8,197 SqFt

1740 Highway 149 Palmyra, TN 37142

Est. payment /mo
SOLD DATE : 06/12/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Jessie Tigges

Jessie Tigges

+1(303) 319-3617

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $995,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 8,197 sqft

Price per Sqft $121

MLS Listing ID 2622188

Sold Date 06/12/25

Year Built 2014

Lot Size 2.460 Acres

Acres 2.46

Property Sub-Type Retail

Property Description

Base lease period with DG expires 11/30/2029; three extension periods of 5 years each; Owner pays property taxes and invoices DG for reimbursement; Maintenance expense - Tenant; Insurance expense - Tenant. 7.5% cap rate.

Location

State TN

County Montgomery County

Zoning Commercial

Interior

Fireplace N

Others

Special Listing Condition Standard

Read Less

RealTracs IDX

© 2025 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.

GET MORE INFORMATION

agent

Jessie Tigges

Agent | License ID: 380349

+1(303) 319-3617

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Jessie Tigges, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.