508 Ruritan Rd, Harriman, TN 37748

Commercial property for lease

  • Description
  • Single-tenant grocery retailer in Harriman, TN. 5 years remaining on initial term with two 5-year options. 10 percent rent increases during each option. Tenant has agreed to execute first option at close of sale to create 10-year lease obligation. Tenant pays percentage rent of 1.75% of sales subject to a monthly minimum. Tenant responsible for repairs excluding roof, parking lot, and HVAC above $1,000. Tenant responsible for real estate taxes in excess of those assessed in 2013 (year of lease execution). Grocery Outlet is a brand of Bargain Barn/United Grocery Outlet, the largest closeout grocer in the Southeast with 36 locations. Building price details: $590,000.
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • Dan Adkins
    Avison Young
  • Note
  • Details Info about this row that located on 508 Ruritan Rd, Harriman, TN 37748 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Lot Size: 2.000 Acres
    Number of Stories: 1
    Submarket: Free-Standing Building
    MSA: Knoxville
    Buildings: 1
    Tenancy: Single Tenant
    Terms: Cash to Seller
    Added: 03/15/2018

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