Remarks

Offered at $50/sf, this is an attractive opportunity for an owner occupant or investor. This prime location benefits from its excellent visibility on E Tyler Rd and the added traffic thanks to the Brookshire's grocery store / fuel center next door. Currently an active STNL asset, this property has been leased to Office Depot since 1999 and their current NN lease expires 12/31/2026. The Tenant is responsible for property taxes and HVAC maintenance, while the Landlord is responsible for roof, structure, slab, parking lot and a monthly CAM charge related to the parking lot lights. Please note, the cap rate indicated above is estimated using 2026's full year NOI. Athens is the county seat of Henderson County and has a population of approximately 13,500.

Details

MLS#: 7155511
Price: $1,250,000

Style: Retail
Bedrooms: 0
Sq Ft: 25000
Year Built: 1999

County: Henderson
Subdivision: Bgc Add
Tax Fee: 43022.1