413 Pinnacle Pkwy - Freestanding FOR SALE


Bristol, TN 37620- Outer Bristol
$3,072,757 USD
865-603-4908
413 Pinnacle Pkwy, Bristol, TN for Sale
$3,072,757 USD
Freestanding - FOR SALE
1/7
null | 4.75% Cap Rate

413 Pinnacle Pkwy
Bristol, TN 37620
Outer Bristol


HIGHLIGHTS

  • “Chipotlane” Concept
  • Interstate 81 Lifestyle Center
  • Tennessee “No Income Tax” State

OVERVIEW

Chipotle Corporate Backed of the “Chipotlane” Concept, (15) Year Initial Lease, 10% Rent Increases every (5) Years, and Four (5) Year Options. This a Fee Simple 4,132 SF Building on a 1.41-acre lot that rent commencement May 2022. Landlord responsible for Shopping Center CAM estimated $4,044 annually.

FOR SALE DETAILS

PRICE

$3,072,757 USD

PRICE/SF

$744 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle Bristol TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

Commercial

APN/PARCEL ID

019-192.70

ASK ABOUT THIS PROPERTY

Keith WidmerSIG Real Estate, LLCMore Info
865-603-4908

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Keith WidmerSIG Real Estate, LLCMore Info
865-603-4908

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