For Sale
$1,791,000
4500 Grundy Quarles Hwy Bloomington Springs, TN 38545
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $1,948,700 asking price, 7.4% cap rate.
- 10,500 SF building on a 1.06-acre lot with a large, low-maintenance concrete parking area.
- New construction, Family Dollar/Dollar Tree (DLTR, S&P: BBB) tenant with a 10-year NN lease commencing January 2, 2024.
- $132,510 annual net cash flow; lease includes $0.50/SF rent increases every five years, with two 5-year renewal options.
- Centrally located between Nashville and Knoxville, TN.
Property Details for 4500 Grundy Quarles Hwy
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 10,500 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 46,174 SF
Location Insight
- City
- Bloomington Springs
- County
- Jackson
- State
- Tennessee
- Latitude
- 36.24540913
- Longitude
- -85.61506682
Nearby Comparable
FAQs
- Where is the lifestyle center located?
- The property is located at 4500 Grundy Quarles Hwy Bloomington Springs, TN.
- What is the asking price?
- The asking price for this property is $1,791,000.
- What are key features of this property?
- This property features: $1,948,700 asking price, 7.4% cap rate.; 10,500 SF building on a 1.06-acre lot with a large, low-maintenance concrete parking area.; New construction, Family Dollar/Dollar Tree (DLTR, S&P: BBB) tenant with a 10-year NN lease commencing January 2, 2024.
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