5231 Wilbanks Dr, Hixson, TN 37343

5231 Wilbanks Dr, Hixson, TN 37343

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Commercial property for lease

• Description
• This 3,128 SF retail center has four suites which are currently all leased on a month-to-month basis. Total monthly rental income is $2,450 with annual income at $29,400. The seller preferred to have month to month leases so there is the opportunity to obtain longer leases if wanted. Suite 101 leases for $500/month; suite 105 is $500/month; suite 109 is $800/month and suite 113 is $650/month. This averages about $8.63/SF. The Seller pays for taxes, property insurance, electricity, water and major maintenance. The annual expenses run about $6,000 so the Net Operating Income (NOI) is about $23,000 per year. Building price details: $209,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	15
  Parking Type:	Surface

• Map Locations
• Contact info
• Robert Fisher

  423-664-1550 [Office]

  KW Commercial
• Note

• Details Info about this row that located on 5231 Wilbanks Dr, Hixson, TN 37343 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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