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1516 Decatur Pike
Athens, TN 37303
Asking Price
$9.27M
Cap Rate
6.75%
Asset Type
Grocery Store Retail
Class
Class B
What's Special
<p><strong style="color: rgba(0, 0, 0, 1)">ALDI ANCHORED CENTER | KNOXVILLE/CHATTANOOGA MSA</strong></p><p><span style="color: rgba(0, 0, 0, 1)">• This property is a 111,142 SF Aldi-anchored retail center in Athens, TN, located in both the Knoxville and Chattanooga MSAs</span></p><p><span style="color: rgba(0, 0, 0, 1)">• 86% credit tenancy & 19-year average tenant tenure proving tenant stability and long-term success within the center</span></p><p><span style="color: rgba(0, 0, 0, 1)">• Embedde
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NOI
$80,000
Cap Rate
0.86%
DSCR
0.15
Underwater
Cash-on-Cash
-16.91%
Monthly Payment
$45,843.112
Annual Cash Flow
$-470,117.348
