129-145 Commons Dr | Martin, TN 38237
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- LoopNet Team
129-145 Commons Dr
Martin, TN 38237
Grocery-Anchored Shopping Center · Retail Property For Sale
Investment Highlights
- Grocery-anchored investment opportunity with 5 years remaining on E.W. James & Sons’ lease
- Constructed in 2013 with limited capital improvements required in the near future
- All tenants with options exercised their right to renew
- Strong tenant mix with 88.8% of the center occupied by national credit tenants and all tenants have NNN leases
- Located directly adjacent to University of Tennessee at Martin with a student population over 6,700
- Bull Realty TN License #259046
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 FT 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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