Restaurant Space with Existing
105 FAST LN, Baxter, TN 38544
For Sale
Contact for pricing
An existing food-service layout and supporting infrastructure are in place.
Property Size1,875 SF
Price / SF$351.47
Days on Market33
Property Features for 105 FAST LN
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Highway Access
Listing Agency:
Upper Cumberland Commercial
Listed By:
Craig Hughes · License TN #339942
(931) 284-9098
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 5:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Upper Cumberland Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,875-square-foot restaurant property in Baxter, Tennessee, includes an established restaurant layout and supporting infrastructure. The existing configuration is suited to continued restaurant use.
The property is situated in Baxter along the I-40 corridor, serving the local community and surrounding areas.
The property is situated in Baxter along the I-40 corridor, serving the local community and surrounding areas.
Key Highlights
- 1,875‑square‑foot restaurant property
- Existing restaurant layout and supporting infrastructure
- Located in Baxter, Tennessee, along the I‑40 corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,039
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,780
$620.8K
Cap Rate 7%
$443,414
$443.4K
Cap Rate 9%
$344,878
$344.9K
Market Conditions
NOI Build-Up for 1,875 SF
Gross rent
$43.2K $23.04/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$41.4K $22.07/SF
− OpEx
−$10.3K −$5.52/SF
NOI
$31.0K $16.55/SF
Area
Putnam County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,780
Cap Rate 7%
$443,414
Cap Rate 9%
$344,878
Alternative Uses
Best Use
Specialty Retail
$443.4K
$388.0K – $517.3K
NOI $31,039 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$773.8K
$677.1K – $902.8K
NOI $54,169 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
70k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Dining 17%
Speedway
Shops & Services
31,029 visits/mo
0.2 miles
Shell
Shops & Services
16,332 visits/mo
0.2 miles
Dollar General
Shops & Services
8,688 visits/mo
0.0 miles
Taco Bell
Dining
8,211 visits/mo
0.0 miles
Huddle House
Dining
2,368 visits/mo
0.0 miles
Demographics for 38544, TN
7,435
Population
3,327
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
79.2 sq mi
ZIP Area
94
Density / Sq Mi
$66,801
Median Household Income
$42,188
Median Earnings
$904
Median Rent
$222,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An existing food-service layout and supporting infrastructure are in place.
Where is this conventional restaurant located?
The property is located at 105 FAST LN Baxter, TN.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 1,875‑square‑foot restaurant property; Existing restaurant layout and supporting infrastructure; Located in Baxter, Tennessee, along the I‑40 corridor
