635 E Andrew Johnson Hwy - Retail FOR SALE
Greeneville, TN 37745 |
$985,000 USD
844-585-7682
635 E Andrew Johnson Hwy
Greeneville, TN 37745
HIGHLIGHTS
- Single-Tenant Corporate Strickland Brothers 10 Minute Oil Change: Corporate-guaranteed lease
- Absolute NNN lease with zero landlord responsibilities
- 15-year lease with four 5-year options
- Fee simple investment ideal for bonus depreciation (land and building)
- 10% rent increases every five years
- Prime Position in Greeneville’s Dominant Retail Corridor: The subject property is located along US-11E
FOR SALE DETAILS
PRICE
$985,000 USD
PRICE/SF
$569 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Strickland Brothers | Greeneville, TN
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.24 AC
LAND SF
10,454 SF
ZONING
M1
APN/PARCEL ID
087-077.01
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844-585-7682
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844-585-7682
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