592 E Emory - Zips Car Wash - Powell TN
4,380 SF Specialty Building Offered at $5,469,000 at a 6.50% Cap Rate in Powell, TN 37849
Investment Highlights
- Strategically Positioned | Across From Knoxville Medical Center | National Credit Tenant Synergy
- 15+ Years | Corporate Lease Signature (Zips Car Wash, LLC) | 1.50% Annual Rental Increases | Options to Extend
Executive Summary
15 year corporate lease.
Property Facts
Price | $5,469,000 |
Price Per SF | $1,249 |
Sale Type | Investment |
Cap Rate | 6.50% |
Property Type | Specialty |
Property Subtype | Car Wash |
Building Class | C |
Lot Size | 1.26 AC |
Building Size | 4,380 SF |
No. Stories | 1 |
Year Built | 2016 |
Tenancy | Single |
Parking Ratio | 4.57/1,000 SF |
1 of 1
PROPERTY TAXES
Parcel Number | 047-08615 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $845,080 |
zoning
Zoning Code | CG (General Commercial) |