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508 Ruritan Rd 20,000 SF Retail Building Harriman, TN 37748 $1,640,460 CAD ($82.02 CAD/SF) 8.73% Cap Rate
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 |
$167,767
|
$8.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$167,767
|
$8.39
|
| Taxes |
$12,752
|
$0.64
|
| Operating Expenses |
$11,869
|
$0.59
|
| Total Expenses |
$24,621
|
$1.23
|
| Net Operating Income |
$143,147
|
$7.16
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $167,767 |
| Annual Per SF | $8.39 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $167,767 |
| Annual Per SF | $8.39 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,752 |
| Annual Per SF | $0.64 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,869 |
| Annual Per SF | $0.59 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $24,621 |
| Annual Per SF | $1.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $143,147 |
| Annual Per SF | $7.16 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
20,000 SF
Building Class
C
Year Built
1991
Price
$1,640,460 CAD
Price Per SF
$82.02 CAD
Cap Rate
8.73%
NOI
$143,147 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
Property Taxes
| Parcel Number | 036G-E-001.00 | Total Assessment | $667,163 CAD (2025) |
| Land Assessment | $64,276 CAD (2025) | Annual Taxes | $12,752 CAD ($0.64 CAD/SF) |
| Improvements Assessment | $602,887 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
036G-E-001.00
Land Assessment
$64,276 CAD (2025)
Improvements Assessment
$602,887 CAD (2025)
Total Assessment
$667,163 CAD (2025)
Annual Taxes
$12,752 CAD ($0.64 CAD/SF)
Tax Year
2024
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Presented by
Little River Realty
508 Ruritan Rd
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