608 Oak Ridge Tpke | Oak Ridge, TN 37830
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- LoopNet Team
608 Oak Ridge Tpke
Oak Ridge, TN 37830
Enterprise · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Annual Rent Increases – Allows for boosted cash-flow on an annual basis.
- Low Land Basis – Site is below replacement cost with 2 drive thrus (Former QSR).
- Below Market Rent – Very easy to replace if tenant were to ever leave.
- High Credit Tenant – Enterprise credit rating upgraded to A- in September 2023, due to phenomenal business model and success.
- Major New Developments Nearby – 350 new units of Multifamily with over ±25,000 SF of new construction retail being developed within a 2-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,233 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.53 AC
Parking
30 Spaces (24.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 094O-B-057.00 | Improvements Assessment | $70,440 |
| Land Assessment | $175,760 | Total Assessment | $246,200 |
PROPERTY TAXES
Parcel Number
094O-B-057.00
Land Assessment
$175,760
Improvements Assessment
$70,440
Total Assessment
$246,200
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