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Aldi 725 Highway 321 N 18,907 SF Retail Building Lenoir City, TN 37771 $2,375,000 ($125.61/SF) 4.50% Cap Rate

Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
18,907 SF
Building Class
B
Year Built
2017
Price
$2,375,000
Price Per SF
$125.61
Cap Rate
4.50%
NOI
$106,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
2.06 AC
Zoning
C-3
Parking
95 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
374’ on U.S. 321 Scenic
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 015M-A-028.00 | Improvements Assessment | $643,560 |
| Land Assessment | $273,240 | Total Assessment | $916,800 |
Property Taxes
Parcel Number
015M-A-028.00
Land Assessment
$273,240
Improvements Assessment
$643,560
Total Assessment
$916,800
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Aldi | 725 Highway 321 N
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