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Little Caesar's 1204 N Hwy 411 1,050 SF Retail Building Etowah, TN 37331 $622,222 ($592.59/SF) 6.75% Cap Rate
Investment Highlights
- Absolute NNN Lease - No Landlord Responsibilities
- 3, 5-Year Options Available to the Tenant
- Income Tax Free State
- 4+ Years Remaining on the Lease
- 10% Rental Increases Every 5 Years
- Drive-Thru Equipped
Executive Summary
Absolute NNN Lease - No Landlord Responsibilities
1,296
1,296
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Garden Center
Building Size
1,050 SF
Building Class
C
Year Built
1950
Price
$622,222
Price Per SF
$592.59
Cap Rate
6.75%
NOI
$42,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.84 AC
Opportunity Zone
Yes
Zoning
C2
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 107B-B-034.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $83,720 |
Property Taxes
Parcel Number
107B-B-034.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$83,720
Contacts
-
Deno Bistolarides -
Ramzy Kizy -
Brandon Kassab -
Encore Real Estate Investment Services
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Little Caesar's | 1204 N Hwy 411
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