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508 Ruritan Rd 20,000 SF Retail Building Harriman, TN 37748 $1,675,104 CAD ($83.76 CAD/SF) 8.73% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Owner to install new roof with 20 yr warranty

EXECUTIVE SUMMARY

Cash offers are being accepted.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $171,310 $8.57
Other Income - -
Vacancy Loss - -
Effective Gross Income $171,310 $8.57
Taxes $13,021 $0.65
Operating Expenses $12,119 $0.61
Total Expenses $25,141 $1.26
Net Operating Income $146,170 $7.31

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $171,310
Annual Per SF $8.57
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $171,310
Annual Per SF $8.57
Taxes (CAD)
Annual $13,021
Annual Per SF $0.65
Operating Expenses (CAD)
Annual $12,119
Annual Per SF $0.61
Total Expenses (CAD)
Annual $25,141
Annual Per SF $1.26
Net Operating Income (CAD)
Annual $146,170
Annual Per SF $7.31

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
20,000 SF
Building Class
C
Year Built
1991
Price
$1,675,104 CAD
Price Per SF
$83.76 CAD
Cap Rate
8.73%
NOI
$146,170 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
2.00 AC
Zoning
C - Commercial
Parking
60 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
148’ on Ruritan Rd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • UGO
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
UGO - - - -

NEARBY MAJOR RETAILERS

Food City
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
036G-E-001.00
Land Assessment
$94,485 CAD
Improvements Assessment
$502,083 CAD
Total Assessment
$596,568 CAD
Annual Taxes
$13,021 CAD ($0.65 CAD/SF)
Tax Year
2024
  • Listing ID: 36027515

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 508 Ruritan Rd, Harriman, TN 37748

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