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635 E Andrew Johnson Hwy
Greeneville, TN 37745

$985,000 USD

General Retail For Sale  •  1,732 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,744 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1987
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning M1
40 Walk Score

Highlights

Single-Tenant Corporate Strickland Brothers 10 Minute Oil Change: Corporate-guaranteed lease
Absolute NNN lease with zero landlord responsibilities
15-year lease with four 5-year options
Fee simple investment ideal for bonus depreciation (land and building)
10% rent increases every five years
Prime Position in Greeneville’s Dominant Retail Corridor: The subject property is located along US-11E
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Strickland Capital Llc
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group