Greeneville Investment Property

Office for Sale
Catylist Listing ID: 30828383
Property Subtypes: Medical
Building Size (RSF): 4,728 SF
Gross Building Area: See Agent
Sale Price: $533,333
Unit Price: $112.80 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

Single tenant (AdaptHealth), Net Leased medical office
4,728 SF | 0.48 AC
4 years remaining on lease, corporate guarantee
Across the street from Laughlin Medical Hospital, Tennessee Cancer Specialists of Greeneville, and Greeneville Community Hospital
Below Market Rents
Strong road frontage with high traffic count volume
Positioned on Tusculum Blvd. surrounded by national tenants including Hobby Lobby, CVS, Walgreens, Marshall's and many others
About AdaptHealth (NASDAQ: AHCO): home medical equipment company, operating in 41 states, with a mission to provide patients with the necessary products and services to resume their lives at home, out of the hospital. (https://adapthealth.com/about/)

Current Tenants

Tenant Business Name AdaptHealth
Website URL https://adapthealth.com/
Industry Type Health Care and Social Assistance
Current Rent $36,000 PSF (Annual)

Additional Details

Nearest MSA: Greeneville
County: Greene
Tax ID/APN: 030087N B 01000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,637 18,794 31,573
Median Age: 44.28 41.1 42.24
Households: 2,561 7,749 12,935

Contact

Photograph of Listing Agent

Roger M. Moore, Jr.

NAI Koella | RM Moore KAAR CIE Member
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