Overview
- Updated On:
- December 13, 2022
Description
■ Multitenant Shopping Center Anchored by Kroger Supermarket
■ Kroger Has Strong Store Sales Approaching $700 per Square Foot
■ Kroger Rent to Sales Ratio 1.8%
■ The Kroger Co. is One of the World’s Largest Food Retailers, with Fiscal 2019 Sales of $122.3B and an Investment Grade Credit Rating of BBB Stable (S&P)
■ Kroger is the Nation’s Largest Supermarket Chain with Over 2,400 Locations and Annual Sales in Excess of $82 Billion
■ Freestanding Two-Tenant Building Included with Drive-Thru Access
■ Kroger Fuel Station is Included
■ Staggered Leases with WALT 4 years
■ Population Growth Over 6% in the Past 10 Years
Address: 1805 W State of Franklin Rd
City: Johnson City
State/County: Tennessee
Zip: 37604
Country: United States
Property Id: 19278
Price: $ 14,000,000
Price/SF: $164.15
Cap Rate: 6.03%
Building Size: 85,288 SF
Rentable Area: 85,288 SF
Lot Size: 11.00 Acres
Year Built: 2011
Thu 23 Apr
Fri 24 Apr
Sat 25 Apr
Sun 26 Apr
Mon 27 Apr
Tue 28 Apr
Wed 29 Apr
Thu 30 Apr
Fri 01 May
Sat 02 May