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Commercial Building, Major Hwy, Great Investment,

Posted By:
kim goode
Posting ID:
Between Knoxville And Chatta
865 446 0126
 commercial   building   major   hwy   near   investment   retail   leased   til 
Listing Type:Commercial For Sale
Lot Size:1+ ac
Year Built:2000

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This is a great investment because it is leased until Aug, 2017. Rent is $2,100 month with a built in increase of 2.5% per year. The tenant is a very successful clothing store and they take care of mowing the grass in front and paying all utilities. There is a full size bill board on the property owned by Lamar that pays their rent by providing space on the billboard at no cost and a new vinyl every six months, no charge. A value of approx. $700/month. The location is on a major hwy between McDonalds and KFC. Heavy traffic.Call 423 836 1099 for more info. incl. exact location. Motivated seller, will consider all serious offers. Existing tenant has first refusal, per lease. So offers must be in writing. It is the type of investment that you do not need to live close to.

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