2017 Roane State Highway
Harriman, TN
Price:
$2,041,500
Cap Rate:
5.85%
NOI:
$119,428
Building Size:
Approx. 7,228 Sq. Ft.
Lot Size:
Approx. 1.96 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2022
Investment Overview
- 2022 Construction. 7,228+/- SF Building on 1.96+/- Acre Site
- Brand New 15 Yr Corporate Net Lease w/ (5) 5 Yr Renewal Options
- Recession-Resilient Tenant Experiencing Tremendous Growth
- Excellent Highway Location on State Hwy 70 (17K VPD) Near US-40 (41K VPD)
- Strong Income Demographics w/ est. $76,818 within a 5-Mile Radius
- S&P BBB+ Credit Rating w/ more than 5,750 Locations
- Harriman | Part of the Knoxville MSA | 37.33% Job Growth Rate Over Next 10 Yrs