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Tennessee Department of Human Services 6571 State Route 28 7,200 SF Office Building Dunlap, TN 37327 $1,500,000 ($208.33/SF) 6.41% Cap Rate
INVESTMENT HIGHLIGHTS
- Build To Suit For Tennessee Department Of Human Services In 2020
- Lease Backed By The State Of Tennessee With An Investment Grade Rating Of AAA
- Tennessee Department Of Human Services 2024 Revenue Exceeded $3.3 Billion
- Subject Property Is 7,200/SF On a 1.21 Acre Lot | 51 Parking Spaces
- Services Provided At This Location: Food Stamp, Families First, Child Care Certificate, Medicaid, TennCare
- 5 Mile Population Exceeds 11,000
EXECUTIVE SUMMARY
Build To Suit For Tennessee Department Of Human Services In 2020
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,200 SF
Building Class
C
Year Built
2020
Price
$1,500,000
Price Per SF
$208.33
Cap Rate
6.41%
NOI
$96,222
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.08
Lot Size
2.00 AC
Opportunity Zone
Yes
Parking
44 Spaces (6.11 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 077054 03520 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $512,040 |
PROPERTY TAXES
Parcel Number
077054 03520
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$512,040
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Tennessee Department of Human Services | 6571 State Route 28
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