Vacant Restaurant/retail Building With Drive Through

Retail-Commercial for Lease
Catylist Listing ID: 30659751
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Contiguous Space: 3,584 SF
Building Size (RSF): 3,584 SF
Gross Building Area: See Agent
Lease Rate: $10 - 12 PSF (Annual)
Base Monthly Rent: $2,986 - 3,584
Lease Types: Ground Lease, Absolute NNN
In Opportunity Zone? Yes
Last Updated: 11/20/2020

Overview / Comments

Please contact the agent for more information about this listing.

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Suite: 21050 3,584 SF $10 - 12 PSF (Annual) Absolute NNN,Ground Lease
Space Available: 3,584 SF
Lease Rate: $10 - 12 PSF (Annual)
$2,986 - 3,584 (Monthly)
Lease Type: Absolute NNN,Ground Lease
Space Description: Blacktide Real Estate Advisors is pleased to announce the opportunity to acquire or lease a 3,584 SF vacant restaurant property, located on a .84 acre site in Huntingdon, Tennessee. ("The Property"). The Property boasts good visibility on Main Street, a primary traffic hub with over 10,250 vehicles per day. Located on one of the retail corridors within the city, nearby retailers include Dollar General, Tractor Supply Co, Wendy's, Sonic, and Advance Auto Parts. Within a 5-mile radius, the average household income is $61,000-per year across over 6,200 local residents.
Space Subcategory: Free-Standing Store
Date Available: 10/20/2020
Lease Term: 120 Months
Space Type: Relet
Kitchen Yes
Parking Spaces 46
Tax Expenses $3,988 PSF (Annual)
Operating Expenses $3,692 PSF (Annual)
CAM Expenses $1,200 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description three percent (3%) annual increases
Rent Concession two (2) months free rent

Additional Details

Nearest MSA: Jackson
County: Carroll
Tax ID/APN: 009072G A 01900

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,003 2,656 5,670
Median Age: 36.87 42.76 42.67
Households: 440 1,125 2,372

Contact

Photograph of Listing Agent

Jeremy Just

Blacktide Real Estate Advisors Greater Nashville CIE Member
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