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1830 Holiday Drive
Athens, TN 37303
Asking Price
$2.12M
Cap Rate
6.5%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 6.50% CAP | 4,590 SqFt <ul><li>Over 11 Years Remaining | Corporate Guaranteed | Scheduled Rental Increases</li><li>Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities</li><li>Near Walmart Supercenter | Interstate 75 (43,900 VPD) |Congress Crossing (194,000 SF) | Strong Retail Corridor</li><li>Strong Demographics in 5-Mile Trade Area</li></ul>
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NOI
$80,000
Cap Rate
3.78%
DSCR
0.64
Underwater
Cash-on-Cash
-7.18%
Monthly Payment
$10,463.866
Annual Cash Flow
$-45,566.392
