6547 Highway 11 E - Restaurant FOR SALE
Piney Flats, TN 37686 |
$2,358,000 USD
704-379-1985
6547 Highway 11 E
Piney Flats, TN 37686
HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities | Desirable lease term | 13 years remaining
- Tenant recently extended the lease by 10 years | Showing strong commitment to this location
- Corporate lease | Bojangles OpCo, LLC | 884 locations across the U.S.
- Great visibility & access from Bristol Hwy | 26,713 VPD
- Affluent surrounding area | $127,836 average household income within a 1-mile radius
- Long operating history | Leased since 2014
FOR SALE DETAILS
PRICE
$2,358,000 USD
PRICE/SF
$621 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bojangles'
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
53
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
Commercial
APN/PARCEL ID
124-040.02
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704-379-1985
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704-379-1985
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