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Tennessee Department of Human Services 6571 State Route 28 7,200 SF Office Building Dunlap, TN 37327 $2,093,880 CAD ($290.82 CAD/SF) 6.41% Cap Rate
INVESTMENT HIGHLIGHTS
- Build To Suit For Tennessee Department Of Human Services In 2020
- Lease Backed By The State Of Tennessee With An Investment Grade Rating Of AAA
- Tennessee Department Of Human Services 2024 Revenue Exceeded $3.3 Billion
- Subject Property Is 7,200/SF On a 1.21 Acre Lot | 51 Parking Spaces
- Services Provided At This Location: Food Stamp, Families First, Child Care Certificate, Medicaid, TennCare
- 5 Mile Population Exceeds 11,000
EXECUTIVE SUMMARY
Build To Suit For Tennessee Department Of Human Services In 2020
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,200 SF
Building Class
C
Year Built
2020
Price
$2,093,880 CAD
Price Per SF
$290.82 CAD
Cap Rate
6.41%
NOI
$134,318 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.08
Lot Size
2.00 AC
Opportunity Zone
Yes
Parking
44 Spaces (6.11 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 077054 03520 | Improvements Assessment | $638,895 CAD |
| Land Assessment | $77,198 CAD | Total Assessment | $716,093 CAD |
PROPERTY TAXES
Parcel Number
077054 03520
Land Assessment
$77,198 CAD
Improvements Assessment
$638,895 CAD
Total Assessment
$716,093 CAD
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Tennessee Department of Human Services | 6571 State Route 28
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