This Retail Property is no longer advertised on LoopNet.com.
1319 State St
White Pine, TN 37890
Sonic Drive-In · Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- Long Term Absolute Triple-Net (NNN) Lease | 16+ Years Remaining
- Four (4), Five (5)-Year Tenant Renewal Option Periods
- Long Term Operational History | Opened in October of 1995
- Strong Inflation Hedge | 10% Rental Increases Every Five Years
- Large Franchisee Operator | SD Missouri, LLC
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,634 SF
Building Class
C
Year Built/Renovated
1956/1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.88 AC
Zoning
C-2
PROPERTY TAXES
Parcel Number | 028J-A-007.00 | Improvements Assessment | $168,560 |
Land Assessment | $48,000 | Total Assessment | $216,560 |
Listing ID: 21312776
Date on Market: 10/23/2020
Last Updated:
Address: 1319 State St, White Pine, TN 37890
The Retail Property at 1319 State St, White Pine, TN 37890 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.