Professional Office Building with 4 Bays and 8% Cap Rate – Just Updated in Prime Location – Covington, TN

For Sale

210 West Pleasant Avenue

Covington, Tennessee
Great investment opportunity for a fully occupied professional building in Covington, TN with an 8% Cap Rate. Steps from the square and Highway 51.
Price
$695,000
Bath
6

Property Details

Property Type:
Address:
210 West Pleasant Avenue, Covington, Tennessee, 38019
County:
Tipton

Property Description

The Bull Building is a professional building steps from the square in Covington, TN. The owner recently completed over $200,000 in upgrades and improvements making this a turnkey investment with an attractive 8% cap rate.
-4 separate bays, all fully leased
-3 bays are leased by a long-term tenant in the medical field
-The fourth bay is leased by an insurance agency
-Recent significant upgrades and improvements
-Outer 2 bays have 2 baths each
-Inner 2 bays have one bath each
-Priced at $695,000

More Information

Please contact Bill Benton at (901) 483-6073 or Spike Treadwell at (901) 581-4819 for more information or to schedule a private tour.

Listing Agents

Professional Office Building with 4 Bays and 8% Cap Rate – Just Updated in Prime Location – Covington, TN
Bill Benton
Memphis, Tennessee
An East Arkansas native and a passionate sportsman, Bill Benton has been a real estate broker specializing in farmland and recreational property for close to 40 years. Bill received his degree from Vanderbilt University in 1983 and followed his roots to Eastern Arkansas launching a successful career in community banking, insurance, and real estate. Bill…
Professional Office Building with 4 Bays and 8% Cap Rate – Just Updated in Prime Location – Covington, TN
Spike Treadwell
Memphis, Tennessee
Spike Treadwell learned to love the outdoors at an early age, growing up on the family farm in Fayette County, TN. This love of the outdoors led him to Mississippi State University where he studied wildlife management and more recently, earned his master’s degree in forestry. As a wildlife biologist and forestry consultant, Spike brings…
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About Us
Outdoor Properties, LLC

Outdoor Properties, LLC is a Professional Real Estate Brokerage Company that focuses on the sales and purchases of Farmland, Hunting, and Recreational Properties. Licensed in the states of Arkansas, Tennessee, Mississippi, Alabama and Missouri, Outdoor Properties has been successfully representing buyers and sellers for over 35 years.