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Retail Building for Sale or Lease 3297 Cosby Hwy 9,014 SF Retail Building Cosby, TN 37722 $828,118 CAD ($91.87 CAD/SF)
INVESTMENT HIGHLIGHTS
- Stand-alone retail building
- Current rental income
- Deeded easement for septic system on another owner's lot to rear of the property
- Available for occupancy 01/01/2024
- Cosby Elementary and High School located nearby, across the highway
EXECUTIVE SUMMARY
A future Tennessee Dept. of Transportation highway expansion project known as the Highway 32 Project is under consideration but there are currently no definite plans.
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
AMENITIES
- Corner Lot
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
9,014 SF stand-alone retail building on 1.05-acre lot. Net Net (NN) Lease. Lessor responsible for roof repairs and roof maintenance. Lessee responsible for property taxes, insurance costs, and all other operating expenses. $5,258.00 per month base rent ($7.00 per SF per year). 5-year initial term.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,014 SF | Retail | - | Now |
1st Floor
| Size |
| 9,014 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 9,014 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
9,014 SF stand-alone retail building on 1.05-acre lot. Net Net (NN) Lease. Lessor responsible for roof repairs and roof maintenance. Lessee responsible for property taxes, insurance costs, and all other operating expenses. $5,258.00 per month base rent ($7.00 per SF per year). 5-year initial term.
PROPERTY TAXES
| Parcel Number | 102-025.25 | Total Assessment | $300,241 CAD (2024) |
| Land Assessment | $22,844 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $277,397 CAD (2024) | Tax Year | 2022 |
PROPERTY TAXES
Presented by
Retail Building for Sale or Lease | 3297 Cosby Hwy
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