2855 US-64

Office

2855 US-64, Hickory WitheTN 38028

Property Details

Location

Address
2855 US-64, Hickory WitheTN 38028
County
Fayette
Submarket
Parcels
024085 01906

Building Size

Building Size
Total Available Space

Building Details

Type
 Office
Number of Buildings
Occupancy Type
Building Class
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
1.76 Acres
Land (SF)
76,667 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Property for Sale

$712,500
Cap Rate: 8%
Crye-Leike Commercial

CRYE-LEIKE COMMERCIAL is pleased to present for sale a single tenant sale-leaseback. The property consists of a 2700 square foot main building with detached 20x40 storage building. With a total proposed annual net operating income of $57,000 and cap rate of 8%, this investment offering is a unique opportunity for a qualified investor to own a highly functional office/flex building with flexible uses in a desirable growth location. Moreover, the investment offers stable in-place cash flow from a solid maintenance management company who has occupied the building since last purchased in 2011 and will guarantee a new five year term beginning at closing. The proposed lease will be triple net, (NNN). The property is situated on 1.7 acres in Fayette County's extremely busy growth corridor featuring low taxes and easy access to I-40, I-385, and Memphis International Airport.

Tenant: Brite Solutions www.britenationwide.com

Crye-Leike Commercial

CRYE-LEIKE COMMERCIAL is pleased to present for sale a single tenant sale-leaseback. The property consists of a 2700 square foot main building with detached 20x40 storage building. With a total proposed annual net operating income of $57,000 and cap rate of 8%, this investment offering is a unique opportunity for a qualified investor to own a highly functional office/flex building with flexible uses in a desirable growth location. Moreover, the investment offers stable in-place cash flow from a solid maintenance management company who has occupied the building since last purchased in 2011 and will guarantee a new five year term beginning at closing. The proposed lease will be triple net, (NNN). The property is situated on 1.7 acres in Fayette County's extremely busy growth corridor featuring low taxes and easy access to I-40, I-385, and Memphis International Airport.

Tenant: Brite Solutions www.britenationwide.com

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

Source: Eric Fuhrman, CCIM

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