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Shopping Neighborhood

Tractor Supply Center | Recent Lease Extension – 10+ Years Remaining | TN – Tax Friendly State

210 Cherokee Park Dr, Elizabethton, TN 37643

Listing Price: $2,075,000

Cap Rate
6.05%
Gross SF
30,500
Rentable SF
30,500
Price/Gross SF
$68.03
Lot Size
3.33 acres
Year Built
1989

Investment Overview

The Sulo Group is pleased to present

Investment Highlights

  • Recent 10-Year Lease Extension in May 2021
  • Strong Corporate Guaranty from Publicly Traded Company (NASDAQ: TSCO)
  • Extremely Low Tractor Supply Rent – $4.09 per Square Foot
  • Long Term Occupancy with Tractor Supply – Opened in 2007
  • Priced Well Below Replacement Cost - $68 per Square Foot
  • Newer Roof and HVAC with Warranties in Place

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Vice President / Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Shopping Neighborhood

Tractor Supply Center | Recent Lease Extension – 10+ Years Remaining | TN – Tax Friendly State

Listing Price: $2,075,000

Cap Rate
6.05%
Gross SF
30,500
Rentable SF
30,500
Price/Gross SF
$68.03
Lot Size
3.33 acres
Year Built
1989

Investment Highlights

  • Recent 10-Year Lease Extension in May 2021
  • Strong Corporate Guaranty from Publicly Traded Company (NASDAQ: TSCO)
  • Extremely Low Tractor Supply Rent – $4.09 per Square Foot
  • Long Term Occupancy with Tractor Supply – Opened in 2007
  • Priced Well Below Replacement Cost - $68 per Square Foot
  • Newer Roof and HVAC with Warranties in Place

Investment Overview

The Sulo Group is pleased to present

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Vice President / Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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