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2241 Fairview Blvd, Fairview, TN, 37062

$1,650,000

2241 Fairview Blvd, Fairview, TN 37062

Active
Last Updated: 11/23/2024

0.34 acres

Lot Area

2011

Year Built

Details:
Lot Area:    0.34 acres
Year Built:    2011
MlsNumber:    2680364
Description:

Welcome to 2241 Fairview Blvd, a prime commercial property in one of Tennessee's fastest-growing counties. Built in 2011 and renovated in 2023, it's fully leased to a dentistry practice and a national insurance branch, with leases until 2028 and 2033, each offering two 5-year renewal options. This is fully NNN property boasts a 6.01% cap rate. With its modern design and strategic location, it promises stable income and long-term growth. A top-tier investment opportunity not to be missed!

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Today's Available Mortgage Rates

4500 S. Irby Street, Effingham, South Carolina 29541

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$10,570 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 71% LTV $0 Lender fees
Loan Amount $1,646,775 Loan Amount
Details
BankLender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.07% 7 Year Fixed
Mo. Payment$10,982 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 73% LTV $0 Lender fees
Loan Amount $1,693,163 Loan Amount
Details
BankLender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.07% 10 Year Fixed
Mo. Payment$10,982 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 73% LTV $0 Lender fees
Loan Amount $1,693,163 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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