4798 New Hwy 68, Madisonville, TN 37354
Commercial property for sale
Added: 01/06/2012
Last Update: 04/19/2012
4798 New Hwy 68
Madisonville, TN
37354 US
Description
Prominent property in the community of Madisonville, TN. Anchor lease for the center is Food Lion, but store was closed in 2003. Food Lion remains under lease until 2/28/2017. Center was constructed in 1997. If the former Food Lion space is re-tenanted with a grocery, the rent on the Family Dollar space changes from 2% of gross sales (currently about $12,000 per annum), to $3,475 per mo. The Quick Cash business is vacating and the space is available for lease for $1,000 per month. Building price details: $1,895,000.
Property Details
- Type: Retail
- Status: Available
- Year Built: 1997
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 201
- Parking Type: Surface