1375 Beals Chapel Rd, Lenoir City, TN 37772

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Building Details:

1375 Beals Chapel Rd is aspecial purpose property located in Lenoir City, TN. The property currently has 1 special purpose space for lease and is marketed by Goldman Partners Realty, LLC.

Ground Lease
Absolute Net - Tenant pays all expenses.
Gross Rent Multiplier: 92.3
Capitalization Rate: 13%
Current lease term is in second extension through May 26, 2019
Tenant has two more extension options at 115% of previous term’s rental through May, 2029.

The subject is land leased for a cell phone tower on Beals Chapel Road in Lenoir City, TN. The site is hilly and steep, and located in a rural area near Ft. Loudon Lake. The leased area is 1 acre which includes a 10,000 sq. ft. level and fenced area on top of a hill as well as a paved access road/easement.

Sold As Is

• Available Spaces

Suite	Space Type	Pricing	Size
---	Special Purpose Space	For lease: $146,500/mo	43,560 sqft
View Details Listing company: Goldman Partners Realty, LLC Pricing: $146,500/mo Availability: Now Listing ID: 1046920 Save to list