1202 Decatur Pike - Fast Food FOR SALE


Athens, TN 37303
$675,000 USD
404-876-1640
1202 Decatur Pike, Athens, TN for Sale
$675,000 USD
Fast Food - FOR SALE
1/10
null | Request Cap Rate

1202 Decatur Pike
Athens, TN 37303


HIGHLIGHTS

  • Opportunity to re-purpose this vacant high traffic retail location near I-75 with 22,000+ VPD on Decatur Pike
  • Priced well below other similar “dark QSR comps”
  • Includes drive-thru, 40 parking spaces and an easy access turn lane
  • Corner lot with ingress/egress on both Decatur Pike and Haley Street
  • Surrounded by many local and national retailers and close proximity to area universities and schools
  • Many potential concepts: QSR, retail, medical, pet care, auto related - just imagine!

OVERVIEW

This former Taco Bell is awaiting another QSR or new retail or medical concept! Complete with a drive-thru, turn lane and over 22,000 VPD, imagine the access to customers with a population of over 23,000 within 5-miles. Additionally, Interstate 75 is less than half of a mile away. Located about one hour from Chattanooga, this location features a ±2,573 SF building on approximately ±0.73 acres and 40 parking spaces. This location has flexible re-use opportunities due to visibility, high traffic counts, proximity to the interstate and population density with an average household income of $68,000. Major retailers on prominent Decatur Pike include Walmart, Aldi, Belk, Hibbet Sports, Sherwin Williams and many fast food restaurants including Starbucks, Dairy Queen, Arby’s, McDonald’s and more. Offered at less than $263/SF, this offer is compelling considering other dark/vacant SOLD comps are averaging $459/SF. Bring on your concept and take advantage of the location and value pricing.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Former Taco Bell | Athens, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

B3

APN/PARCEL ID

056F-D-062.00

ASK ABOUT THIS PROPERTY

Michael BullBull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael BullBull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.