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GPM Investments (dba Roadrunner) 101 E Jackson Blvd

5,060 SF Retail Building Jonesborough, TN 37659 $3,156,000 ($624/SF) 6% Cap Rate

Retail Space Tennessee Jonesborough 101 E Jackson Blvd, Jonesborough, TN 37659

Investment Highlights

  • 13+ Years of Remaining Term | Built in Rental Increases | Corporate Guaranty (GPM Investments - S&P: B+)
  • Hard Corner Location | Excellent Visibility & Ease of Access |Outparcel to Fox Plaza | Washington County Court
  • Absolute NNN Lease | Fee Simple Ownership (Land & Building) | Zero Landlord Responsibilities

Executive Summary

Fronting E. Jackson Blvd (28,700 VPD)
The asset is located at the hard corner intersection of East Jackson Blvd and North Cherokee Street with a combined 60,000 VPD on average
The average household income exceeds $100,000 within a 1 to 5-mile radius of the subject property

Attachments

Jonesborough TN - Roadrunner

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,060 SF
Building Class
C
Year Built
2010
Price
$3,156,000
Price Per SF
$624
Cap Rate
6%
NOI
$189,345
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.67 AC
Zoning
C - Commercial
Parking
15 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
179 FT on E Jackson Blvd

Amenities

  • Pylon Sign
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Nearby Major Retailers

Renasant Bank
Cook Out
First Horizon Bank
Snap Fitness 24/7
Food City (k-va-t)
Starbucks

PROPERTY TAXES

Parcel Number 052P-B-018.00 Improvements Assessment $375,240
Land Assessment $141,120 Total Assessment $516,360

PROPERTY TAXES

Parcel Number
052P-B-018.00
Land Assessment
$141,120
Improvements Assessment
$375,240
Total Assessment
$516,360
(954) 302-7365

Contacts

  • Listing ID: 29899515

  • Date on Market: 10/27/2023

  • Last Updated:

  • Address: 101 E Jackson Blvd, Jonesborough, TN 37659

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GPM Investments (dba Roadrunner) | 101 E Jackson Blvd
(954) 302-7365 x

GPM Investments (dba Roadrunner) | 101 E Jackson Blvd

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Patrick Nutt

(954) 302-7365

(954) 302-7365

William Wamble

(813) 434-8278

(813) 434-8278

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