Harbor Freight Morristown, TN

3305 West Andrew Johnson Highway
Morristown, TN

Price: $3628000
Cap Rate: 6.45%
NOI: $234,000
Building Size: Approx. 15000 Sq. Ft.
Lot Size: Approx. 1.81 Acres
Type: Single-Tenant / Retail
Year Built: 2015

Investment Overview

  • 15,000+/- SF Building on 1.81+/- Acre Site
  • 11-Year Corp Lease w/ 12% Rent Bump Year 7
  • Located along Andrew Johnson Hwy (26K VPD)
  • Near Lowe’s, Save a Lot, AutoZone, Tractor Supply
  • Top Employers: GE, International Paper, Coca-Cola
  • 37-Miles NE of Knoxville- Gateway to Smokey MTN
  • 3-Mile Radius: Est Pop: 20,492 l Avg HH Income:  $62,650

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