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Aspen Dental & T-Mobile | Crossville, TN 2854 N Main St

5,628 SF 100% Leased Retail Building Crossville, TN 38555 $3,303,000 ($587/SF) 7.15% Cap Rate

Investment Highlights

  • Two-Tenant Corporate Leased Investment in Tax-Free State: Aspen Dental & T-Mobile
  • Strategically Situated as a Freestanding Outparcel to One of the Top Walmart Supercenters in Tennessee
  • Crossville is the Halfway between Nashville and Knoxville: 90 miles from Nashville and 60 miles from Knoxville
  • High-Quality 2020 Construction: Aspen Dental and T-Mobile are the original tenants at the property
  • Well Located Along Hwy 28/North Main Street, the Area’s Primary Commercial and Commuter Corridor (26,600 CPD)

Executive Summary

Long-Term Corporate Leases | Freestanding Outparcel Pad to Walmart Supercenter | Tax-Free State

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,628 SF
Building Class
B
Year Built
2020
Price
$3,303,000
Price Per SF
$587
Cap Rate
7.15%
NOI
$236,137
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
0.65 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
36 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
212 FT on North Main Street

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
087-005.03
Land Assessment
$98,280
Improvements Assessment
$282,120
Total Assessment
$380,400
  • Listing ID: 33140464

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 2854 N Main St, Crossville, TN 38555

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