2318 Highway 160 - Freestanding FOR SALE


Newport, TN 37821
$1,160,000 USD
864-704-1040
2318 Highway 160, Newport, TN for Sale
$1,160,000 USD
Freestanding - FOR SALE
1/7
null | 7.44% Cap Rate

2318 Highway 160
Newport, TN 37821


HIGHLIGHTS

  • 15-year absolute NNN lease with close to 8 years of term remaining
  • Tenant is responsible for all property expenses
  • Hassle free investment opportunity to receive "mailbox money"
  • High credit Tenant with little competition in the immediate operating vicinity of the Property

FOR SALE DETAILS

PRICE

$1,160,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

7.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

-

APN/PARCEL ID

014-076.01

ASK ABOUT THIS PROPERTY

Randall BentleyLee & Associates - GreenvilleMore Info
864-704-1040

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Randall BentleyLee & Associates - GreenvilleMore Info
864-704-1040

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