1907 N Meridian St | Greenfield, TN 38230
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- LoopNet Team
1907 N Meridian St
Greenfield, TN 38230
McDonald's Center-Assumable Non Recourse Loan · Retail Property For Sale
Investment Highlights
- Brand New 2018 Construction
- Upside By filling Up the Vacant Spaces
- Tennessee Does Not Have State Income Tax
- Anchored by McDonald's with a Corporate Guarantee
- High CAP Rate
- Assumable Non Recourse Financing; 80% LTV, 7 Years Fixed at 4.25% Rate, 25 Years Amortization, Non Recourse
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Zoning
C - zoned for retial use
Parking
21 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
232 FT on N Meridian
Amenities
- Air Conditioning
About 1907 N Meridian St , Greenfield, TN 38230
A brand new 2018 construction strip center with McDonald's occupying as the anchor tenant. Lots of upside by filling up the vacant spaces. The loan is assumable for a 1% fee and features 80% LTV, 7/25 at 4.25%, non recourse.
PROPERTY TAXES
| Parcel Number | 155E-D-007.02 | Improvements Assessment | $595,920 |
| Land Assessment | $80,000 | Total Assessment | $675,920 |
PROPERTY TAXES
Parcel Number
155E-D-007.02
Land Assessment
$80,000
Improvements Assessment
$595,920
Total Assessment
$675,920
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