129-145 Commons Dr | Martin, TN 38237
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129-145 Commons Dr
Martin, TN 38237
University Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Starting Bid: $1,000,000
- Fully occupied shopping center anchored by EW James & Sons Grocery and Dollar Tree.
- In-place net operating income of $311,471 as of January 2020.
- Bid Online: 8/24 - 8/26
- Prominent pylon signage, parking ratio of 4.7:1, and 52' of store frontage.
- Quality, stabilized asset with a diverse tenant roster.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
37,082 SF
Building Class
B
Year Built
2013
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
3.36 AC
Zoning
CS - Commercial Services Zoning
Parking
45 Spaces (1.21 Spaces per 1,000 SF Leased)
Frontage
130’ on Commons Drive
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,026,680 | |
| Land Assessment | $382,320 | Total Assessment | $2,409,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$382,320
Improvements Assessment
$2,026,680
Total Assessment
$2,409,000
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