7228 Region Ln, Knoxville, TN 37914
Commercial property for sale
Added: 01/06/2012
Last Update: 06/28/2012
7228 Region Ln
Knoxville, TN
37914 US
Description
Located at the intersection of I-40 and Strawberry Plains Pike, this building was custom built for Starbucks. Net rent ($108,486 annually)commenced June 29, 2007 and increases by 10% July 1, 2012 ($119,334.60). Lease ends June 30, 2017. Tenant pays property taxes and insurance. There is a cap on CAM, however, operating expenses have not come close to the cap. Call agent for 2008, 2009 and 2010 epense reconciliations. Building price details: $995,000.
Property Details
- Type: Retail
- Status: Available
- Buildings: 1