1608 N Locust Ave - Retail FOR SALE


Lawrenceburg, TN 38464
$8,000,000 USD
408-859-6154
1608 N Locust Ave, Lawrenceburg, TN for Sale
$8,000,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

1608 N Locust Ave
Lawrenceburg, TN 38464


HIGHLIGHTS

  • Tenants: Aaron’s, Save A Lot, Harbor Freight, Goodwill, Dollar Tree, Dunkin, China Buffet, Cocina Real
  • Shopping Center—2023 taxes: $46,783; 2023 Insurance: $41,151; 2023 CAM: $40,038
  • 2023 taxes for Cocina Real, China Buffet, Vacant Land: $12,349
  • Traffic Count: 22,275 N Locust Ave
  • Retail Nearby: Kroger, Advance Auto Parts, Arby’s, Speedway, McDonald’s

OVERVIEW

105k sqft - 6 unit - retail shopping center on the city’s main high traffic retail corridor. 20k sqft vacant box for immediate rent upside after leasing to one of many interested national mid box tenants. 3 restaurants and 2.5 acres of unimproved land.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.74 AC

LAND SF

554,954 SF

ZONING

Commercial

APN/PARCEL ID

078C-C-023.01

ASK ABOUT THIS PROPERTY

Will WegnerOliver Smith Realty & Development CompanyMore Info
408-859-6154

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Will WegnerOliver Smith Realty & Development CompanyMore Info
408-859-6154

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.