Single-Tenant NNN Retail
202 Old South Church St Mountain City, TN 37683
For Sale
Contact for pricing
Single-tenant memorial retail property leased under a 20-year absolute NNN term with scheduled annual rent increases.
Property Size1,220 SF
Lot Size0.28 Acres
Days on Market104
Property Features for 202 Old South Church St
General Information
- Standard status
- Active
- Size
- 1,220 SF
- Lot size
- 0.28 Acres
- Property subtype
- Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 11:28AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This single-tenant retail building is occupied by Hitchcock Memorials and offered as an absolute triple-net (NNN) investment. The site includes approximately 1,220 rentable square feet of building space on an estimated 0.28-acre parcel. The lease term is 20 years and commenced May 31, 2018.
The property is subject to an absolute NNN lease with a current annual rent of $20,460. Rent is scheduled to increase by 1.80% annually throughout the base term and in each of the two (2), ten (10)-year renewal options.
The building and land are located at 202 Old South Church Street in Mountain City, Tennessee.
The property is subject to an absolute NNN lease with a current annual rent of $20,460. Rent is scheduled to increase by 1.80% annually throughout the base term and in each of the two (2), ten (10)-year renewal options.
The building and land are located at 202 Old South Church Street in Mountain City, Tennessee.
Key Highlights
- Single‑tenant memorial retail property at 202 Old South Church Street, Mountain City, TN
- Approx. 1,220 rentable SF on an estimated 0.28‑acre parcel
- Subject to a 20‑year absolute triple‑net (NNN) lease that commenced May 31, 2018
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
NNN property - Single-tenant memorial retail property leased under a 20-year absolute NNN term with scheduled annual rent increases.
Where is this nnn property located?
The property is located at 202 Old South Church St Mountain City, TN.
What are key features of this property?
This property features: Single‑tenant memorial retail property at 202 Old South Church Street, Mountain City, TN; Approx. 1,220 rentable SF on an estimated 0.28‑acre parcel; Subject to a 20‑year absolute triple‑net (NNN) lease that commenced May 31, 2018
