Greeneville, TN - NNN Investment Opportunity
Office
for Sale
| Catylist Listing ID: |
30589789 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
2,144 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.78 Acres
|
| Sale Price: |
$325,000 |
| Unit Price: |
$151.59 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
Superior Financial Services |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2020 |
Overview / Comments
Small-scale 1031 exchange opportunity available now! This 2,144 sf former bank branch has 4 years remaining on a NNN lease to a money services company. Landlord responsibility is structural maintenance ONLY! Contract rents are easily justified in the market.
All brick construction sits on .78 acre lot fronting a busy 4-lane commercial highway. Excellent curb appeal, access, and visibility. If you’re looking for a solid property, with minimal landlord responsibility, in a smaller investment package, this is opportunity knocking.
|
Additional Details
| Nearest MSA: |
Greeneville |
| County: |
Greene |
| Tax ID/APN: |
030087O D 00101 |
| Zoning: |
B-4 ARTERIAL DISTRICT |
| Property Visibility: |
Excellent |
| Highway Access: |
HIghway 11E |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1994 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Total Parking Spaces: |
12 |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable, DSL |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,321 |
19,843 |
32,898 |
| Median Age: |
44.37 |
41.22 |
42.03 |
| Households: |
1,103 |
8,213 |
13,481 |
|
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