$7,300,000
Commercial Property for Sale in Long Beach California 90805
Long Beach, California
Soft OfferCommercial Property for Sale in Piney Flats Tennessee 37686
4521 Bristol Hwy, Piney Flats, Tennessee 37686
$1,700,000
8.82% cap rate Listed Dec 30, 2024
Class B
Class
About this property
Commercial Property for Sale in Piney Flats Tennessee 37686 is a retail for sale in Piney Flats, Tennessee, listed at $1,700,000. Key details: building class Class B, property status Normal Sale, building status Existing, net lease investment Yes. Listed by Max Finn of SRS Real State Partners on LoopingCloud and last updated December 30, 2024.
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding American Fundraising Group investment property located in Piney Flats, Tennessee (Johnson City MSA). The tenant, American Fundraising Group recently signed a brand new
5-year lease with no options to extend, demonstrating their commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
Key highlights
- Net Lease Investment
- Frontage 702 FT on U.S. 19W
- Lot Size 1.24 AC
- Year Built/Renovated 1984/2005
- Freeway Visibility, Signage
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
- Net Lease Investment
- Yes
Pricing details
- Net Operating Income
- $149,940
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
8.82%
Cap rate
$149,940
Net operating income
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,700,000 | 8.82% | - | - | - |
Features and amenities
Property Features
- Frontage: 702 FT on U.S. 19W
- Lot Size: 1.24 AC
- Year Built/Renovated: 1984/2005
Highlights
- Freeway Visibility, Signage
Location
Address as shown by the lister.
Get directionsAbout this area - Piney Flats
- Population
- 6,499
- Housing units
- 2,909
- Land area
- 30.6 sq mi
- County
- Sullivan
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadAdditional contacts
1 person to reach- Jack Cornell - jack.cornell@srsre.comVice President - UT #: 9518385-SA00 (570) 762-6075
Frequently asked questions
What is the asking price of Commercial Property for Sale in Piney Flats Tennessee 37686?
Commercial Property for Sale in Piney Flats Tennessee 37686 is listed at $1,700,000. The stated cap rate is 8.82%.
Where is Commercial Property for Sale in Piney Flats Tennessee 37686 located?
The property is in 4521 Bristol Hwy, Piney Flats, Tennessee 37686, Sullivan County.
What type of property is this?
This is a retail for sale in the commercial category.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Max Finn of SRS Real State Partners listed this property. Use the Request Info button to send a message or call (570) 762-6075.
When was this listing published?
It was published on December 30, 2024 and last updated on December 30, 2024.
Listing information
- Listing ID
- CL-Tennessee-13419
- Published
- Dec 30, 2024
- Last updated
- Dec 30, 2024
- Views
- 452
Report a problem with this listing
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