1319 State St | White Pine, TN 37890
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1319 State St
White Pine, TN 37890
Sonic Drive-In · Retail Property For Sale
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 |
PROPERTY TAXES
Parcel Number
028J-A-007.00
Land Assessment
$48,000
Improvements Assessment
$168,560
Total Assessment
$216,560
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