Commercial Building with Tenant Occupied Pharmacy

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Commercial Auction

Commercial Building with Tenant Occupied Pharmacy

2636 Jacksboro Pike, Jacksboro, TN 37757

Begins to End Tues., Jan. 16 @ 6 PM

Prime Commercial Property with Tenant-Occupied Pharmacy

Location: 2636 Jacksboro Pike, Jacksboro, TN 37757

We are delighted to present an unparalleled investment opportunity – a prime commercial property boasting a tenant-occupied pharmacy at 2636 Jacksboro Pike, Jacksboro, TN 37757.

Property Highlights:

• Building Specs: This fantastic commercial property features a 2000 sq. ft. pharmacy building  constructed in 2000.
• Tenant Stability: The property has been under the continuous occupancy of the same tenant, operating under a double net (NN) lease. The lease comes with options in place, securing tenancy until November 2037.
• Strategic Location: Nestled at a high traffic count intersection, the property experiences an impressive flow of nearly 30,000 vehicles per day. This prime positioning ensures excellent visibility and accessibility for businesses.
• Road Frontage: The lot boasts an expansive 150 ft. frontage along Jacksboro Pike, complemented by 218 ft. along Jane Way Lane, offering extensive exposure to potential customers.
• Lot Size: With a generous .69-acre size, the property provides ample space for present and future business endeavors.

Additional Features:

• Visibility: Enjoy prominent visibility at a dedicated median intersection on Jacksboro Pike, enhancing the property's appeal.
• Options for Expansion: The spacious lot size presents potential opportunities for future expansion or development, catering to a variety of business needs.

• This auction presents a rare chance to acquire a commercial property with a stable, long-term tenant in a strategically positioned locale. Whether you are a seasoned investor seeking to add to your portfolio or a visionary entrepreneur looking for the perfect business space, 2636 Jacksboro Pike offers limitless potential.

Don't miss out on this extraordinary opportunity! Join us at the auction and secure your stake in this thriving commercial venture.

For more information or to schedule a viewing, please contact Paul Provins at 423-562-4941.

Note: All interested parties are advised to conduct their due diligence and seek legal advice before participating in the auction.

Terms: 10% down within 24 hours of auction completion. Sales contract to be signed at auction completion, with tenant having 48 hours to exercise a first right of refusal. If tenant declines their option, closing shall take place within 40 days. 10% Buyer’s Premium on all bids. Auction conducted by owner/agent.

2023 Property Taxes: $6,144.40 (tenant pays)     Tax Map: 103-O     Group: B

Part of Parcel: 036.05       Warranty Deed Book: 556       Page: 685

Auctioneer: Paul Provins   TN Lic #: 4528

Bidding questions, call 423-286-0041.