90 Bailey Street

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90 Bailey Street

Greeneville, TN 37745
Asking Price
$850K
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail site encompassing 7.5+/- acres of land
  • Strategically positioned at Interstate 81 Exit 36
  • Current asset type is a convenience store
  • Available for purchase at $849,900
  • Located in Greeneville Tennessee within the 37745 area

What's Special

Retail operations benefit significantly from the 7.5+/- acres situated directly at Exit 36 of Interstate 81. This convenience store location serves a strategic role for regional travelers and local traffic within Greeneville, Tennessee. The property provides substantial land area for business expansion or specialized commercial development. Its direct highway access creates high visibility and ease of entry for commuters and logistics traffic navigating the 37745 ZIP code. The expansive site allows for multiple configurations, making it a functional choice for those seeking a established retail footprint or a site ready for conversion. Greeneville serves as a growing economic hub in the region, offering a stable environment for businesses looking to capitalize on interstate proximity. Future owners can leverage the scale of this parcel to adapt to evolving market demands in the retail and service sectors while maintaining a strong presence on a major arterial thoroughfare.

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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.59%
Monthly Payment
$4,204.841
Annual Cash Flow
$29,541.902

Location & Travel Times