Value Add Freestanding Net Lease Retail Investment
|Catylist Listing ID:
Car Wash, Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||Net Leased Investment (NNN)
||Cash to Seller
Overview / Comments
Hard to find Freestanding Retail on N. Broadway across from Home Federal Bank and adjacent to McDonald's. This property was completely remodeled by Tenant in 2013 and current rental rate is substantially below market. Why pay inflated sales prices for investment property when you can purchase a quality asset with a value add component with strong economic fundamentals in a highly sought after retail sub-market. Commercial property on N. Broadway is in it's highest demand in 40 years. Tenant Easy Money has been in this location since 2013. The building offers 2948 SF w plentiful parking and Highly Visible Pole and Building Signage.
Excellent visibility, high demand and a well known location make this commercial investment an easy acquisition.
Attachments & Media
||City of Knoxville
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