For Sale
$600,000
435 Main St Hohenwald, TN 38462
Prime QSR location, redevelopment potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Redevelopment opportunity: Fee-simple Sonic Drive-In offers strong upside potential for developers or users.
- High foot traffic: Top 79th percentile for Sonic locations nationwide, exceeding 460,000 annual visitors (AlphaMaps).
- Excellent visibility: 100+ foot frontage on E Main St, a major thoroughfare with ~11,880 vehicles daily.
- Strong retail presence: Located near Walmart, Hardee's, McDonald's, and other national brands.
- High-performing location: Currently operating under a NNN lease with 1.4 years remaining; $600,000 asking price, 5.50% cap rate, $33,000 NOI.
Property Details for 435 Main St
- Property type
- Retail properties, Restaurants
- Square Feet
- 1,173 SF
- Year Built
- 1975
Location Insight
- City
- Hohenwald
- County
- Lewis
- State
- Tennessee
- Latitude
- 35.5507992
- Longitude
- -87.5421879
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime QSR location, redevelopment potential.
- Where is the retail property located?
- The property is located at 435 Main St Hohenwald, TN.
- What is the asking price?
- The asking price for this property is $600,000.
- What are key features of this property?
- This property features: Redevelopment opportunity: Fee-simple Sonic Drive-In offers strong upside potential for developers or users.; High foot traffic: Top 79th percentile for Sonic locations nationwide, exceeding 460,000 annual visitors (AlphaMaps).; Excellent visibility: 100+ foot frontage on E Main St, a major thoroughfare with ~11,880 vehicles daily.
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