106 Thoroughbred Run | Morristown, TN 37813
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106 Thoroughbred Run
Morristown, TN 37813
Hardee's - Abs NNN Corporate Lease · Retail Property For Sale
Investment Highlights
- Single Tenant Absolute NNN Lease with Zero Landlord Responsibilities; 20-Year Corporate Lease with 11.4 Years Remaining on Primary Term
- Tremendous Surrounding Growth/Development Newly Built in the last 10yrs; Fastop, Subway, Credit Union Building, Bojangles, Weigel’s, McDonald’s
- Immediate Access to Interstate 81; Direct Route to Knoxville; Income Tax Free State of Tennessee
- Corporate Guarantee from CKE; Recent exterior/interior renovations September of 2021
- Adjacent to New 71-Room Hampton Inn
- Nearby Large Corporate Operations of Koch Foods, Wallace Hardware Company, and International Paper
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,606 SF
Building Class
C
Year Built/Renovated
2013/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
Zoning
None - Commercial Restaurant Use
PROPERTY TAXES
| Parcel Number | 057-119.05 | Improvements Assessment | $250,272 |
| Land Assessment | $382,689 | Total Assessment | $632,961 |
PROPERTY TAXES
Parcel Number
057-119.05
Land Assessment
$382,689
Improvements Assessment
$250,272
Total Assessment
$632,961
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