8,100 Square Foot Retail Space For Sale @ 405 U.s. 321

Free standing building on an out-parcel at Twin Lakes Shopping Plaza two tenant building. Good viability and traffic counts on Highway 321 and low maintenance building. Major road improvements under way approximately one mile away at Highway 11 and 321 and extending over Fort Loudon Dam.

Sales Info:
■ Cap rate: 7.75%
■ Commision split: 3.2%
■ NOI: $108,176

Location Description:
405 Highway 321 North Highway 321 is the main though-fare in Lenoir City, Tennessee. The road is well traveled divided highway and has commercial properties all along highway.

Highlights:
■ Great location with high visibility and traffic counts
■ Easy management and maintenance for a investor
■ Excellent tax exchange property in fast growing Loudon County
■ Napa has been a tenant since 1979
■ Potential redevelopment opportunity