Retail Office Center

Shopping Center for Sale
Catylist Listing ID: 29966844
Property Subtypes: Strip Center
Building Size (RSF): 9,600 SF
Gross Building Area: See Agent
Sale Price: $699,000
Unit Price: $72.81 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Eastside Plaza
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2017

Overview / Comments

This investment property features large commercial strip center located on heavily trafficked Hwy 30 in Athens, TN. There is 335 feet of road frontage. The building has ten suites of 960 sq ft, 7 are currently leased. Building size is 9,600 SQ FT. All current rents are significantly under priced and have upside potential. There are also 3 vacant spaces that can be leased around $850 a month. Center is in great shape and has no deferred maintenance.

Additional Details

Nearest MSA: Athens
County: McMinn
Tax ID/APN: 066H A 076.00

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,123 16,773 23,505
Median Age: 40.26 40.28 40.52
Households: 907 6,805 9,595

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial GCAR CMLS Member
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