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Dunkin' 1,938 SF Retail Building Madisonville, TN 37354 $2,000,000 ($1,031.99/SF) 5.50% Cap Rate
EXECUTIVE SUMMARY
Located on US Highway 411 in a high-traffic retail corridor in Madisonville, TN, this ground lease property offers excellent visibility and accessibility along one of the area’s primary commercial thoroughfares. US-411 sees an average of approximately 19,106 vehicles per day, making it a key connector between Knoxville and the Smoky Mountains region. The property is positioned on an outparcel of a Walmart that averages 1.9 million visits per year. Notably, this Dunkin' location ranks in the top 15% of the operator’s portfolio, highlighting its strong performance and strategic market positioning.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,938 SF
Building Class
C
Year Built
2023
Price
$2,000,000
Price Per SF
$1,031.99
Cap Rate
5.50%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.81 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 062067 21210 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $155,240 |
PROPERTY TAXES
Parcel Number
062067 21210
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$155,240
CONTACTS
-
Brian Chadwick -
Kelly Fitzgerald -
Chandler Hale -
SVN | Second Story Real Estate Management
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Presented by
Dunkin'
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