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2212 Jacksboro Pike
La Follette, TN 37766
Income Producing Medical Office · Office Property For Sale
PROPERTY FACTS
About 2212 Jacksboro Pike , La Follette, TN 37766
1.57 acres with 248' of frontage. Potential for building expansion, additional building, or subdivide into a separate parcel. 4,500 sq.ft. office 2,100 sq.ft. warehouse 2,400 sq.ft. canopy Traffic count: +/- 28,725 Tenant has renewed lease for 5 years with annual rent increases. Owner maintains roof and property insurance. Tenant is responsible for utilities, maintenance & taxes. 9.6 % cap rate on year 1 NOI 10.4 % cap rate on the average NOI over the 5 year term The property is located on Jacksboro Pike in LaFollette, TN across from a Food City grocery anchored shopping center.
PROPERTY TAXES
| Parcel Number | 103F-C-004.00 | Improvements Assessment | $286,570 |
| Land Assessment | $280,151 | Total Assessment | $566,721 |
PROPERTY TAXES
