4446 HWY 411

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4446 HWY 411

MADISONVILLE, TN 37354-1563
Asking Price
$1.19M
Cap Rate
7%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Fee-Simple | Low Price Point | Long Term Occupancy (18 Years) | Across from Walmart <p><strong>LOCATION- LOCATED IN THE MAIN RETAIL CORRIDOR OF MADISONVILLE, TN</strong></p><ul><li>​Located in a dense retail corridor across the street from Walmart Supercenter- other national retailers in the immediate area include: Ingles, CVS, Walgreens, United Grocery Outlet, Dollar Tree, Shoe Show, AutoZone, Advance Auto, Dunkin’, McDonald’s, Burger King, Taco Bell, Zaxby’s, and Bojangles</li><li>​Located on US 411 (ADT of nearly 19,000 cars/day)- US 411 stretches for over 309 miles and runs

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NOI
$80,000
Cap Rate
6.75%
DSCR
1.14
Tight
Cash-on-Cash
2.71%
Monthly Payment
$5,862.733
Annual Cash Flow
$9,647.199

Location & Travel Times