Barnhart Crane Property - For Sale

Industrial for Sale
Catylist Listing ID: 30181340
Property Subtypes: Light Industrial, Net Leased
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Gross Land Area: 20.92 Acres
Sale Price: $2,150,000
Unit Price: $153.57 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2017

Overview / Comments

Brand new 12-year NNN ground lease with Barnhart Crane on 20-acre site on Bethel Valley Road in Oak Ridge, Tennessee. Quality tenant with long history in heavy construction, located within minutes of Oak Ridge/DOE facilities. Lease calls for 12-year term with one 10-year option.

Annual Rent - $108,000 (Years 1-6) / $132,000 (Years 7-12)

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Anderson

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,532 47,773
Median Age: 41.31 41.41
Households: 5,425 19,835

Contact

Photograph of Listing Agent

John Turley

First Commercial Real Estate
Photograph of Listing Agent

Danny Kirby

First Commercial Real Estate
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