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FAMILY DOLLAR FOR AUCTION 1036 Rutledge Pike

8,000 SF Retail Building Blaine, TN 37709 £78,330 (£10/SF)

Investment Highlights

  • Expansive Lot Size – This property spans over ±1.50 acres, providing a substantial lot for future redevelopment or potential expansion,
  • Corporate Guarantee – Leased to Family Dollar, a well-established national retailer with over ±16,000 locations,
  • Opportunity for Rent Upside – With the current lease priced below market rent, there is significant potential to increase rental income over time
  • Knoxville MSA – Situated along Rutledge Pike, this property is less than ±20 miles from downtown Knoxville and the University of Tennessee

Executive Summary

STARTING BID: $100,000
AUCTION BID DATES: JANUARY 21, 2024 – JANUARY 23, 2024
Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
8,000 SF
Building Class
C
Year Built
1997
Price
£78,330
Price Per SF
£10
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
0.82 AC
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)

Links

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PROPERTY TAXES

Parcel Number 092J-A-001.00 Improvements Assessment £87,197
Land Assessment £23,593 Total Assessment £110,790

PROPERTY TAXES

Parcel Number
092J-A-001.00
Land Assessment
£23,593
Improvements Assessment
£87,197
Total Assessment
£110,790
(865) 456-7821

Contacts

  • Listing ID: 34189487

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 1036 Rutledge Pike, Blaine, TN 37709

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© 2024 CoStar Group

FAMILY DOLLAR FOR AUCTION | 1036 Rutledge Pike
(865) 456-7821 x

FAMILY DOLLAR FOR AUCTION | 1036 Rutledge Pike

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Tanner Sanford

(865) 456-7821

(865) 456-7821

Clay Smith

(214) 692-2216

(214) 692-2216

Burke Ruel

(615) 216-8277

(615) 216-8277

Hutt Cooke

(615) 667-0097

(615) 667-0097

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