Fire House Sub's Investment (Tenant in Place Sale)

Retail-Commercial for Sale
Catylist Listing ID: 30664561
Property Subtypes: Restaurant
Building Size (RSF): 1,842 SF
Gross Land Area: 1,842 SF
Sale Price: $609,250
Unit Price: $330.75 PSF
Is Quick-Service Restaurant? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: 1143 Oak Ridge Turnpike
Usable Size (USF): 1,842 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 4/19/2021

Overview / Comments

Fire House Subs
NNN Investment
Seven Years Remaining
Current income $42,646.91
5% yearly steps
First year expenses estimated at $660.00 per month
Price: $609,241.50

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 001100H A 00500
Retail Clientele: Family
Property Visibility: Excellent
Largest Nearby Street: Oak Ridge Turnpike
Highway Access: Oak Ridge Turnpike
Airports: McGee Tyson Airport
Site Description: Popular Retail Business Center
Area Description: Retail, Office
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Exterior Description: Two story building retail and office use
Parking Type: Surface
Heat Type: Electricity, Natural Gas
Zoning Description: Retail and Office
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,578 24,414 39,767
Median Age: 39.43 42.07 43.42
Households: 3,128 10,771 17,012


Photograph of Listing Agent

Matthew B. Fentress, RPA, CPM, CCIM, SIOR

NAI Koella | RM Moore KAAR CIE Member
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