412 W Main Street

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412 W Main Street

Hendersonville, TN 37075
Asking Price
$7.18M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 5.52 acres <ul><li>​Type: Commercial Land Redevelopment Site in the Heart of Hendersonville</li><li>​Size: ±5.52 Acres (additional 2 acres assemblage opportunity)</li><li>​Sale Price: $7,176,000</li><li>​Zoning: General Commercial</li><li>​332 Linear Feet of Road Frontage on W Main Street</li><li>​Assemblage opportunity could provide additional land</li><li>​Ideal for big box retail</li></ul>

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NOI
$80,000
Cap Rate
1.11%
DSCR
0.19
Underwater
Cash-on-Cash
-16.07%
Monthly Payment
$35,502.933
Annual Cash Flow
$-346,035.192

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