4204 Roberts | Morristown, TN 37814
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4204 Roberts
Morristown, TN 37814
Cheddar's Ground Lease · Retail Property For Sale
Investment Highlights
- Corporate lease | Cheddar’s Casual Café, Inc. | 188+ locations across the US | Owned by Darden Restaurants | 1,900 total locations operated by Darden
- Significant tenant investment into real property | Well below replacement rent
- 10-year Absolute Net Ground Lease | Zero landlord responsibilities
- Outparcel to Bellwood Farms | Future grocery-anchored shopping center development
- Large parcel | 2.25 acres
- Great visibility & access from W Andrew Johnson Hwy | 32,760 VPD being served by two traffic signals on Andrew Johnson Hwy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,745 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.25 AC
Parking
135 Spaces (15.44 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 040-041.00 | Improvements Assessment | $0 |
| Land Assessment | $70,400 | Total Assessment | $70,400 |
PROPERTY TAXES
Parcel Number
040-041.00
Land Assessment
$70,400
Improvements Assessment
$0
Total Assessment
$70,400
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