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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
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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

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