Helenwood, TN Net Lease Investment Property for Sale
Retail-Commercial
for Sale
Catylist Listing ID: |
30859231 |
Property Subtypes: |
Free-Standing Building
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Building Status: |
Under Construction |
Building Size (RSF): |
10,500 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$1,943,284 |
Unit Price: |
$185.07 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Net Leased Investment (NNN), Investment |
Sale Terms: |
Undisclosed |
Cap Rate: |
Undisclosed |
Last Updated: |
12/7/2023 |
Overview / Comments
11464 Scott Highway is located at the intersection with state route 297/Baker Hwy.
Helenwood, TN is located in Scott County in NE Tennessee. Kentucky is 14 miles to the north, and North Carolina is less than 120 miles to the east. Scott County is home to Barna Log Homes (the world’s largest log home manufacturer), Armstrong Wood flooring (hardwood flooring that is in many homes across the US), Great Dane Trailers, and Tennier Industries. It’s proximity to Knoxville, Nashville, and Lexington KY make Helenwood a great place to live and work. Big South Fork National River and Recreation Area is a popular destination due to it being a four-season park for tourists and locals alike.
10,500 SF of retail space with a sale price of $1943283.58 and a CAP rate of 6.7%.
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Additional Details
Nearest MSA: |
Knoxville |
County: |
Scott |
Tax ID/APN: |
076085L A 02800 |
Retail Clientele: |
General, Family |
Largest Nearby Street: |
Hwy 27 |
Traffic/Vehicle Count: |
12,075 |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Excellent |
Year Built: |
2023 |
Parking Type: |
Surface |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
1,740 |
6,813 |
Median Age: |
37.73 |
38.23 |
Households: |
666 |
2,601 |
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