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2316 N Main St
Crossville, TN 38555
Asking Price
$2.27M
Cap Rate
7%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 7.00% CAP | 5,118 SqFt <ul><li>11-Years Remaining | Options To Extend | Scheduled Rental Increases </li><li>Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities</li><li>Across From Lowe’s Home Improvements | Retail Corridor Nearby National/Credit Tenants </li><li>NRD Capital | Strong Operator | Corporate Signed Lease </li><li>High Traffic Counts | Excellent Visibility & Access </li><li>Strong Demographics In 5-Mile Trade Area</li></ul>
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NOI
$80,000
Cap Rate
3.53%
DSCR
0.59
Underwater
Cash-on-Cash
-8.03%
Monthly Payment
$11,220.827
Annual Cash Flow
$-54,649.918
