Base lease period with DG expires 04/30/2032; three extension periods of 5 years each; Owner pays property taxes and invoices DG for reimbursement; Maintenance expense - Tenant; Insurance expense - Tenant. 6.5% Cap Rate
The median home value in Frankewing, TN is $207,000. This is lower than the county median home value of $211,200. The national median home value is $338,100. The average price of homes sold in Frankewing, TN is $207,000. Approximately 52.34% of Frankewing homes are owned, compared to 0% rented, while 47.66% are vacant. Frankewing real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Frankewing real estate agent to arrange a tour today!
Frankewing, Tennessee has a population of 69. Frankewing is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 21.58%.
The median household income for the surrounding county is $54,061 compared to the national median of $69,021. The median age of people living in Frankewing is 67.5 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 57.1 inches per year, with 2.2 inches of snow per year.