Log In/Sign Up
Your email has been sent.
522-546 E Tri County Blvd 6,160 SF 100% Leased Retail Building Oliver Springs, TN 37840 $500,000 ($81.17/SF) 8.61% Cap Rate
EXECUTIVE SUMMARY
Great Investment Opportunity for a fully leased strip center in Oliver Springs between Oak Ridge and Wind Rock. With Traffic counts over 19,000 per day and strong current income from the existing tenants this could be an amazing opportunity to pick up an established commercial strip center. Rents have not been increased in a long time and all tenants with the exception of Cash Express are currently month to month.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$49,680
|
$8.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,680
|
$8.06
|
| Taxes |
$6,636
|
$1.08
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,636
|
$1.08
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $49,680 |
| Annual Per SF | $8.06 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $49,680 |
| Annual Per SF | $8.06 |
| Taxes | |
|---|---|
| Annual | $6,636 |
| Annual Per SF | $1.08 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,636 |
| Annual Per SF | $1.08 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,160 SF
Building Class
C
Year Built
1969
Price
$500,000
Price Per SF
$81.17
Cap Rate
8.61%
NOI
$43,044
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
Cmmercial
Parking
20 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
200’ on Tri County Blvd Blvd
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cash Express
- Finance and Insurance
- -
- -
- -
- -
- Hibachi Pizza
- Accommodation and Food Services
- -
- -
- Plus Utilities
- -
- Ma & Pa's Kettle Kitchen
- Accommodation and Food Services
- -
- -
- Plus Utilities
- -
- Premier Weight Management
- Services
- -
- -
- Plus Utilities
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Cash Express | Finance and Insurance | - | - | - | - | |
| Hibachi Pizza | Accommodation and Food Services | - | - | Plus Utilities | - | |
| Ma & Pa's Kettle Kitchen | Accommodation and Food Services | - | - | Plus Utilities | - | |
| Premier Weight Management | Services | - | - | Plus Utilities | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 092J-B-014.01 | Total Assessment | $167,360 |
| Land Assessment | $51,840 | Annual Taxes | $6,636 ($1.08/SF) |
| Improvements Assessment | $115,520 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
092J-B-014.01
Land Assessment
$51,840
Improvements Assessment
$115,520
Total Assessment
$167,360
Annual Taxes
$6,636 ($1.08/SF)
Tax Year
2024
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
522-546 E Tri County Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.