Family Dollar Store - 2050 E Broadway Ave

Retail-Commercial for Sale
Catylist Listing ID: 30348195
Property Subtypes: Free-Standing Building
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.08 Acres
Sale Price: $1,395,000
Unit Price: $174.38 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2018

Overview / Comments

Free-Standing 8,000 Sf Building on Corner Lot

Current lease ends 6/30/2022
Lease payment is $88,500/annually

Five Extensions of Five Years Each
1 - $96,645
2 - $105,147
3 - $114,610
4 - $124,924
5 - $136,168

Tenant is responsible for utilities, insurance, real estate taxes, & HVAC.

Landlord responsible for roof, exterior walls, structural, fire system, slab, parking lot, exterior lighting, & concrete walls.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Year Built: 2012

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,500 32,744 69,573
Median Age: 35.27 38.91 40.39
Households: 3,399 13,308 28,037

Contact

Photograph of Listing Agent

James Rick Gentry

Avison Young KAAR CIE Member
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