Properties

Tuffy Car X Tire & Auto, Farragut, TN

10839 Kingston Pike (US Hwy 11/70)
Farragut, TN 37934

PROPERTY SOLD

Property: Investment Sales

Square Footage: 5,058

Acreage: 1.027

Price: $1,475,000

Cap Rate: Call

Description:

• Located 15 miles west of downtown Knoxville and 1.25 miles off the I-40/75 corridor
• Part of the highly developed, densely populated and affluent Turkey Creek trade area
• 5,058 square foot auto service center situated on 1.03 acres with 20 parking spaces
• Tenant commenced a 20 year triple net lease in February 2009 with 2 renewal options
• The partially financed transaction closed escrow in December 2012 for $1.475 million
• The buyer was a private investment firm out of Tennessee