Below Market Rent – recently executed leases in this retail corridor at higher rates. Offers future owners upside in rents & returns.
Sub $1M – Bite-Sized Price Point – pricing is in line with the land basis & offers future upside as this region continues to appreciate over time.
Across from Lowe’s Home Improvement & Major Retailers – Located in the heart of Greeneville, TN, this site is surrounded by national retailers such as Lowe’s Home Improvement, Hobby Lobby, Publix, Ross Dress for Less, Walmart, Chick-Fil-A, and many other national retailers.
History of Strong Performance & Renewals – tenant has been located here for +10 years & has exercised renewal options, showing site-level success & commitment.
Rental Increases – Buyer will capitalize on increased returns every 5 years during the initial term of the lease & in each renewal period.
High Growth Market – due to the affordability, low tax rates, & strong school systems, Greeneville, TN has continued to see job & population growth over the past decade.