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GPM Investments (dba Roadrunner) 101 E Jackson Blvd 5,060 SF Retail Building Jonesborough, TN 37659 $4,405,524 CAD ($870.66 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 13+ Years of Remaining Term | Built in Rental Increases | Corporate Guaranty (GPM Investments - S&P: B+)
- Hard Corner Location | Excellent Visibility & Ease of Access |Outparcel to Fox Plaza | Washington County Court
- Absolute NNN Lease | Fee Simple Ownership (Land & Building) | Zero Landlord Responsibilities
EXECUTIVE SUMMARY
Fronting E. Jackson Blvd (28,700 VPD)
The asset is located at the hard corner intersection of East Jackson Blvd and North Cherokee Street with a combined 60,000 VPD on average
The average household income exceeds $100,000 within a 1 to 5-mile radius of the subject property
The asset is located at the hard corner intersection of East Jackson Blvd and North Cherokee Street with a combined 60,000 VPD on average
The average household income exceeds $100,000 within a 1 to 5-mile radius of the subject property
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,060 SF
Building Class
C
Year Built
2010
Price
$4,405,524 CAD
Price Per SF
$870.66 CAD
Cap Rate
6%
NOI
$264,310 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.67 AC
Zoning
C - Commercial
Parking
15 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 052P-B-018.00 | Improvements Assessment | $523,805 CAD |
| Land Assessment | $196,992 CAD | Total Assessment | $720,797 CAD |
PROPERTY TAXES
Parcel Number
052P-B-018.00
Land Assessment
$196,992 CAD
Improvements Assessment
$523,805 CAD
Total Assessment
$720,797 CAD
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GPM Investments (dba Roadrunner) | 101 E Jackson Blvd
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