Helenwood, TN Net Lease Investment Property for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30859231
Property Subtypes: Free-Standing Building
Building Status: Under Construction
Building Size (RSF): 10,500 SF
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%.

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,740 6,813
Median Age: 37.73 38.23
Households: 666 2,601


Photograph of Listing Agent

Brande Benson

Avison Young ETNRCRE Member
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