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4460 Keith St NW

1,250 SF Retail Building Cleveland, TN 37312 £665,083 (£532/SF) 6.04% Net Initial Yield

Investment Highlights

  • Excellent Visibility from positioning off Hwy 11.
  • Prime location situated less than fifteen minutes from downtown Cleveland.
  • Recently renovated in 2019.

Executive Summary

Great little commercial building with excellent visibility! Built in 2019 - Located next to Walgreens & Tire Discounters just across the street from Wal-Mart. Property is part of a condo association. Sale includes building only. Currently leased through 2025.

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,250 SF
Building Class
B
Year Built
2019
Price
£665,083
Price Per SF
£532
Net Initial Yield
6.04%
NOI
£40,140
Tenancy
Single
Number of Floors
1
Building FAR
0.01
Lot Size
2.05 AC
Zoning
CH - Highway Commercial
Parking
5 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
258 ft on Keith Street Northwest

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Tobacco Sky
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Tobacco Sky Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Buddy's Home Furnishings
First Horizon Bank
Logan's Roadhouse
Olive Garden Italian Rstrnt
O'Charley's
Applebee's
Regions Financial
Steak ‘n Shake
Old National Bank
Workout Anytime

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
042B-C-001.00-C-018
Land Assessment
£30,234 (2023)
Improvements Assessment
£30,109 (2023)
Total Assessment
£60,343 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2021
  • Listing ID: 26764037

  • Date on Market: 03/10/2022

  • Last Updated:

  • Address: 4460 Keith St NW, Cleveland, TN 37312

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