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Covenant Health Strip Center 104 Keller Ln 9,508 SF 100% Leased Retail Building Maryville, TN 37801 $4,871,000 ($512.31/SF) 6.85% Cap Rate
Investment Highlights
- 100% Leased to Three Tenants and Anchored by Covenant Health
- Serving Over 80,000 Residents in Growing Trade Area and Suburb to Knoxville
- Average Household Income Exceeds $93,000 in 3 Miles and $91,000 in 5 Miles
- NNN Leases with Minimal Landlord Responsibilities, Brick Building
- Maryville is One of the Fastest-Growing Cities in the State
- Excellent Visibility Along Major Commercial Artery and Accessible to 53,000 Cars/Day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,508 SF
Building Class
B
Year Built
2001
Price
$4,871,000
Price Per SF
$512.31
Cap Rate
6.85%
NOI
$333,675
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.79 AC
Zoning
BT - Business
Parking
70 Spaces (7.94 Spaces per 1,000 SF Leased)
Frontage
515’ on Keller Ln
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 057O-E-004.00 | Improvements Assessment | $703,680 |
| Land Assessment | $451,560 | Total Assessment | $1,155,240 |
Property Taxes
Parcel Number
057O-E-004.00
Land Assessment
$451,560
Improvements Assessment
$703,680
Total Assessment
$1,155,240
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