592 E Emory - Zips Car Wash - Powell TN
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592 E Emory - Zips Car Wash - Powell TN
4,380 SF Specialty Building Offered at £4,349,451 at a 6.50% Net Initial Yield in Powell, TN 37849
INVESTMENT HIGHLIGHTS
- Strategically Positioned | Across From Knoxville Medical Center | National Credit Tenant Synergy
- 15+ Years | Corporate Lease Signature (Zips Car Wash, LLC) | 1.50% Annual Rental Increases | Options to Extend
EXECUTIVE SUMMARY
15 year corporate lease.
PROPERTY FACTS
| Price | £4,349,451 | Lot Size | 1.26 AC |
| Price Per SF | £993 | Building Size | 4,380 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 6.50% | Year Built | 2016 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Car Wash | Parking Ratio | 4.57/1,000 SF |
| Building Class | C |
| Price | £4,349,451 |
| Price Per SF | £993 |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 4,380 SF |
| Number of Floors | 1 |
| Year Built | 2016 |
| Tenancy | Single |
| Parking Ratio | 4.57/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 047-08615 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £672,085 |
PROPERTY TAXES
Parcel Number
047-08615
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£672,085
ZONING
| Zoning Code | CG (General Commercial) |
| CG (General Commercial) |
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592 E Emory - Zips Car Wash - Powell TN
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