Cleeman Realty Group Brokers Sell Maynardville Retail Property For $6.9M
4344 Maynardville Hwy 4344, Maynardville, Tennessee 37807, United States
$6,950,000
$157/SF
Building Size
44,083 SF
Asset Type
Retail
Closing
Sep 1, 2022
About this deal
AI
The retail property located at 4344 Maynardville Highway in Maynardville, TN has been sold. The property spans over 4.75 acres and was sold by Michael Cleeman & Jeremy Scheer of Cleeman Realty Group.
Summary of transation details
- Property Type: Retail
- Sale Price: $6,950,000
- Square Footage: 44,083
- Price per Square Foot: $158
- Address: 4344 Maynardville Highway, Maynardville, TN
- Market: Maynardville, TN
The deal was facilitated by Michael Cleeman & Jeremy Scheer of Cleeman Realty Group, who represented the buyer and seller in the transaction.
Players
Maynardville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.28%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93