Contacts
Ryan Schulten
CP Partners
Property Details
- Property Type Retail
- Property Size 8,160 SF
- Lot Size 0.85 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2002
- Year Renovated 2024
- Date Updated Nov 8, 2024
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Highlights
- New 10-year NNN lease with six, 5-year options to extend
- A new roof was recently installed in addition to other site level improvements
- Other than roof and structure, all obligations at the site are the responsibility of the tenant, making this a “management free” investment
- Located directly adjacent to the Walmart Supercenter, the site is located in the main retail corridor of Huntingdon, TN
- In AutoZone’s “backyard” which is headquartered in Tennessee
- The site is situated in an income tax-free state, Tennessee, that is experiencing rapid growth
- With a rent of $61,200 on a new 10-year lease, the asset is well positioned for long-term ownership
- Unlike many of the other net-lease offerings on the market, this location is offered well below replacement cost
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Huntingdon, TN
- Zip Code 38344
Points of Interest
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Murphy USA
0.10 miles
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Huck's Food & Fuel
0.12 miles
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Shell
2.25 miles
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McDonald's
0.22 miles
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Sonic
1.73 miles
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Walmart Supercenter
0.19 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Ryan Schulten
CP Partners