Drive- Thru
Retail-Commercial
for Sale
Catylist Listing ID: |
30651686 |
Property Subtypes: |
Restaurant
|
Building Size (RSF): |
3,409 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
37,500 SF
|
Sale Price: |
$750,000 |
Unit Price: |
$220.01 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Business |
Sale Terms: |
Cash to Seller, Owner Financing, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
4/1/2021 |
Overview / Comments
Drive-Thru and huge lot for sale. Former Hardees with dual walk in coolers intact and in good condition. Some equipment is included with the sale. Tenant in place with long-term lease. $4000-$5500/month with options to renew.
|
Financials
Finance Data Year |
2020 |
Real Estate Taxes - Annual($) |
$8,204 (Annual) |
Tax Value Land |
$354,400 |
Tax Value Improvements |
$40,000 |
Assessed Value - Total($) |
$750,000 (Annual) |
Gross Operating Income |
$48,000 (Annual) |
Actual or Proforma Year |
Proforma |
Additional Details
Nearest MSA: |
Morristown |
County: |
Hamblen |
Tax ID/APN: |
032041H A 00601 |
Retail Clientele: |
General, Family, Business, Tourist |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Andrew Johnson Highway |
Feet of Frontage: |
58 |
Traffic/Vehicle Count: |
26,250 |
Highway Access: |
Yes |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
3,409 SF |
Property Condition: |
Good |
Roof Type: |
Flat |
Construction/Siding: |
Block |
Total Parking Spaces: |
57 |
Parking Type: |
Surface |
Sprinklers: |
Wet |
Heat Type: |
Electricity |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,531 |
25,278 |
44,584 |
Median Age: |
39.32 |
38.73 |
38.66 |
Households: |
1,780 |
9,826 |
17,464 |
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