928 N State Of Franklin Rd | Johnson City, TN 37604
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928 N State Of Franklin Rd
Johnson City, TN 37604
20-Year Absolute NNN Freddy's Drive-Thru · Retail Property For Sale
Investment Highlights
- 20-year absolute net sale-leaseback to seasoned Freddy's operator
- High-quality outparcel to grocery-anchored center
- Excellent visibility to 31,400 VPD - major traffic drivers minutes away, including East Tennessee State University & Johnson City Medical Center
- Top-ranked store: 90th percentile in USA; Top-3 in Tennessee by visits (source: placer.ai)
- Impressive rent-to-sales ratio of 6.13%
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,750 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.97 AC
Zoning
Commercial
Parking
65 Spaces (17.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 045-052.13 | Improvements Assessment | $350,600 |
| Land Assessment | $223,800 | Total Assessment | $574,400 |
PROPERTY TAXES
Parcel Number
045-052.13
Land Assessment
$223,800
Improvements Assessment
$350,600
Total Assessment
$574,400
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