1201 Highway 19E - Storefront Retail/Office FOR SALE


Elizabethton, TN 37643
$395,000 USD
832-226-3717
1201 Highway 19E, Elizabethton, TN for Sale
$395,000 USD
Storefront Retail/Office - FOR SALE
1/37
null | 9.11% Cap Rate

1201 Highway 19E
Elizabethton, TN 37643


HIGHLIGHTS

  • High Visibility
  • Fully Leased
  • Lease with Annual Rent Bumps

OVERVIEW

Looking for a passive investment property? Don't miss this one! Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options—offering long-term stability and predictable returns. Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors. Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand. Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber—at this price point—rarely come to market, and will not last long priced to sell at $395k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

9.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M-2

APN/PARCEL ID

041L-A-022.01,041L-A-022.05

ASK ABOUT THIS PROPERTY

Garrett AddingtonThe Addington AgencyMore Info
832-226-3717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Garrett AddingtonThe Addington AgencyMore Info
832-226-3717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.