7601 Maynardville Pike
Knoxville, TN 37938
Service Street Auto Repair
| Offering Summary | |||
|---|---|---|---|
| Price | $1,700,000 | Cap Rate | 6.00% |
| NOI | $102,000.00 | Rentable SF | 6,100 SF |
| Lot Size | 30,425 +/- SF | Year Built | 2022 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Corporately Guaranteed Lease by Service Street Auto Repair
- New 20-Yr Absolute NNN Lease (Zero Landlord Responsibilities)
- 10% Rent Increases Every 5-Years in Primary Term & Options\
- Traffic Counts Exceed 40,000 Vehicles Per Day
- Average Household Income Exceeds $90,000 (3-Mile Radius)
- 6.0% Expected Population Growth Over Next 5-Years
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com