1805 W State Of Franklin Rd | Johnson City, TN 37604
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1805 W State Of Franklin Rd
Johnson City, TN 37604
Franklin Square · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ¦ Multitenant Shopping Center Anchored by Kroger Supermarket ¦ Staggered Leases with WALT 4 years
- ¦ Kroger Rent to Sales Ratio 1.8%
- ¦ Kroger is the Nation’s Largest Supermarket Chain with Over 2,400 Locations and Annual Sales in Excess of $82 Billion
- ¦ Kroger Has Strong Store Sales Approaching $700 per Square Foot
- ¦ The Kroger Co. is One of the World’s Largest Food Retailers, with Fiscal 2019 Sales of $122.3B and an Investment Grade Credit Rating of BBB Stable (
- ¦ Freestanding Two-Tenant Building Included with Drive-Thru Access ¦ Kroger Fuel Station is Included
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
83,113 SF
Building Class
B
Year Built/Renovated
2000/2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
10.59 AC
Zoning
R3
Parking
366 Spaces (4.4 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Skylights
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 054I-E-022.00 | Improvements Assessment | $3,338,720 |
| Land Assessment | $1,105,880 | Total Assessment | $4,444,600 |
PROPERTY TAXES
Parcel Number
054I-E-022.00
Land Assessment
$1,105,880
Improvements Assessment
$3,338,720
Total Assessment
$4,444,600
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