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Little Caesar's 1204 U.S. 411 1,296 SF Retail Building Etowah, TN 37331 $845,600 CAD ($652.47 CAD/SF) 6.75% Cap Rate



Investment Highlights
- Double Net Lease Structure
- 3, 5-Year Options Available to the Tenant
- Income Tax Free State
- 4+ Years Remaining on the Lease
- 10% Rental Increases Every 5 Years
- Drive-Thru Equipped
Executive Summary
Double Net Lease Structure
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,296 SF
Building Class
C
Year Built/Renovated
1950/2016
Price
$845,600 CAD
Price Per SF
$652.47 CAD
Cap Rate
6.75%
NOI
$57,078 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.13 AC
Opportunity Zone
Yes
Frontage
251’ on U.S. 411
Nearby Major Retailers
Property Taxes
| Parcel Number | 107B-B-034.00 | Improvements Assessment | $50,011 CAD |
| Land Assessment | $63,764 CAD | Total Assessment | $113,775 CAD |
Property Taxes
Parcel Number
107B-B-034.00
Land Assessment
$63,764 CAD
Improvements Assessment
$50,011 CAD
Total Assessment
$113,775 CAD
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Little Caesar's | 1204 U.S. 411
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