120 Interchange Park Dr - Freestanding FOR SALE
Lenoir City, TN 37772 |
$1,300,000 USD
865-456-7821
120 Interchange Park Dr
Lenoir City, TN 37772
HIGHLIGHTS
- #2 Fastest Growing County in TN | 22.8% population growth since 2014
- Absolute NNN lease — zero landlord responsibilities
- ±13 years remaining in the initial term of the lease
- 10% rental increases every 5 years during initial term and renewal periods
- Located within the most sought-after retail corridor (Hwy 321) in Lenoir City
- Oversized ±1.13 AC parcel with various redevelopment + backfill options
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$306 USD /SF
CAP RATE
8.04%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
1.13 AC
LAND SF
49,223 SF
ZONING
C4
APN/PARCEL ID
015-051.00
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865-456-7821
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865-456-7821
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