205 South Willow Ave, Cookeville, TN 38501 | Listings

205 South Willow Ave, Cookeville, TN 38501

  • $699,900
  • 3,000 sq ft
  • Year Built: 1971
  • Commercial
  • Listing #201836

Property Description

The subject property is 100% leased and offers a solid investment opportunity to purchase an asset that provides immediate cash flow. The Subway Franchisee has operated from this location since 1991. The remaining term is 1.5 years with 2.5% annual escalators. The Tenant has three remaining two year options to renew. The real estate is for sale only and does not include the Business, personal property or FF&E of the Tenant. The subject property consists of a 3,000+/- sf restaurant consisting of food prep area, office space, men's and women's restrooms as well as seating area and 23 parking spaces, situated on .30+/- acres. The entire interior of store was remodeled in 2019 to include electrical, plumbing, flooring and HVAC systems. The site also offers multiple points of ingress/egress with 100+ feet of frontage along S. Willow Avenue. The property has a General Commercial (CG) zoning designation and an AADT of over 22,600 vehicles per day. All utilities to site.

Listing Details

Price$699,900
Year Built1971
Property TypeCommercial
Listing #201836
StatusActive
CountyPutnam
Listing TypeFor Sale

Interior Features

Square Feet3,000

Exterior Features

Lot Size0.30 acres

Miscellaneous

MLS AreaCookeville SW, TN

Courtesy of Wayne Russell and Brandy M. Dillon, Highlands Elite Real Estate LLC

Upper Cumberland AORCopyright 2022, Upper Cumberland Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed. This is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last updated on 1/23/2022 6:43 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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