Property Listing No Longer Available for Sale

20069 Alberta St., Oneida, TN

Retail for Sale - $805,000 - 1,850 Sq. Ft. on 0 acres


Property Info

CIMLS#130641
Location
  20069 Alberta St.
  Oneida TN 37841
UpdatedJuly 8th, 2011
TypeRetail
Price$805,000
Building1,850 Sq. Ft.
Land0 acres

Property Description

SUCCESSFUL FRANCHISE RESTAURANT TENANT

$805,000 cap rate 9

A turn key Tripple Net opportunity just waiting for the right investor. Property on a prime location on main street has a popular leisure dining franchise restaurant (1865 sq. st.) that is operating 7 days a week (24 hours on weekends), bringing in annual sales of half a mil. and paying 72,000 in rent. The lease has another 14 years. Property has an asphalt parking lot, concrete curbing and sidewalks, sown lawn and signage. The restaurant is fully furnished with kitchen and refrigeration equipment, fixtures, smallware and inventory. It has a fully trained staff. Franchise contract also available and comes with corporate support and training


Financials