1255 Us-411 | Vonore, TN 37885
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1255 Us-411
Vonore, TN 37885
Auction - Derby Downs | $107K NOI | 90% Occ. · Retail Property For Sale
Investment Highlights
- STARTING BID $850,000 | $107K NOI | 90% Occupied | AUCTION DECEMBER 11-13, 2023
- 90% Occupancy with Immediate Value-Add; Anchor Tenant has 7 Locations in TN, GA
- Strong Retail Corridor including Food City, Hardees, Shell, Dollar General, Sloan’s Hometown Hardware, and more
- ±35,000 Square Foot, Retail Center with $107,334 NOI
- ±15,326 VPD Traffic and Excellent Visibility along Highway 411
- Zoned C-3, Highway Business District with Permitted Uses including Retail and Self-Storage
PROPERTY FACTS
Property Type
Retail
Building Size
35,000 SF
Building Class
C
Year Built
2004
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.16
Lot Size
5.18 AC
Zoning
C-3, Highway Business Dis
Parking
85 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
374 ft on Us-411 Hwy
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 038B-A-015.03 | Improvements Assessment | £109,389 |
| Land Assessment | £42,576 | Total Assessment | £151,964 |
PROPERTY TAXES
Parcel Number
038B-A-015.03
Land Assessment
£42,576
Improvements Assessment
£109,389
Total Assessment
£151,964
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