Name | Highway Frontage Commercial/Retail Property |
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Auctioneer | Kennedy's Auction Service LLC |
Date(s) | 8/29/2019 |
Thursday, August 29 - 6:00 PM (Live Only Bidding) | |
Preview Date/Time | Call to Schedule an Appointment Tim Mast - 731-610-5436 Office - 731-645-5001 |
Checkout Date/Time | Closing will occur on or before Thursday, September 26, 2019 |
Location | 713 Highway 45 South Henderson, TN 38340 |
Buyer Premium | 10% Buyer's Premium |
Description |
Property Address: 713 Highway 45 South, Henderson, TN
Highway Frontage Commercial/Retail Property
The Estate of Randy Beecham
· Former Location B&B Outdoors
· 5,630 +/- sf Store/Warehouse/Shop Building
· Situated on 2.8 +/- Acres of Prime Highway Frontage Property
· Less Than One Mile South of Highway 100 Intersection
· Avg. Over 11,000 Cars Per Day Traffic Count - Per TDOT
· Excellent Opportunity For Multiple Commercial Uses
· Excess Land for possible expansion
· Fenced and Gated Storage Lot
· Offered At Live Auction!
· Don't Miss this Fantastic Opportunity to Acquire an Exceptional Property with Many Possible Uses and Great Potential!
Email: timmast@me.com
Phone: 731-610-5436 or 731-645-5001
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Currency | USD |
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Buyer Premium | 10% Buyer's Premium |
Payment Terms |
At the conclusion of the auction, the successful Live or Phone bidder will
be given, emailed or faxed a contract to be executed and returned. Successful bidders will deposit a non-refundable escrow amount of Ten Percent (10%) of the Contract Sales Price by wire transfer or certified check to the escrow agent, Kennedy’s Auction Service escrow account with the contract for sale within 24 hours of auction conclusion. The entirety of the remaining balance is due at closing on or before the contract closing date stipulated in the purchase agreement. This must be completed within 24 hours of receipt of the documents or the purchaser shall be in default.
Closing: Closing will occur on or beforeThursday, September 26, 2019. The seller shall convey the property by Special Warranty Deed. The seller shall pay for deed preparation, their share of prorated real estate taxes, and their own attorneys’ fees. Buyer is responsible for all other costs of closing and transfer. All real estate taxes for the year in which the property is sold shall be prorated as of the date of the closing, as is standard and common practice to the area in which the property is located. All leases due and payable, if any, shall be prorated to the date of the closing, as is standard and common practice to the area in which the property is located. All deposits of tenants shall be transferred to the buyer at closing, if applicable. Buyer acknowledges that this sale is not contingent upon post sale inspections or financing approval.
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