271 Keith St - Storefront FOR SALE
Cleveland, TN 37311 |
$4,280,000 USD
404-849-1631
271 Keith St
Cleveland, TN 37311
HIGHLIGHTS
- Mark-to-Market Opportunity - With rents averaging $10.71/SF gross, Keith Street Plaza offers the exceptional opportunity to acquire a fully leased
- 100% Leased - Home to a synergistic mix of national and local tenants, including Sherwin Williams, Rent-A-Center, H&R Block, and Boost Mobile.
- Attractive, Low Price Point Opportunity - Low cost per square foot equates to lower risk and upside, enabling an investor to replace rolling tenants
- Cleveland, TN | Built for Growth - Just north of Chattanooga, Cleveland boasts continued steady growth in jobs, wages, high tech
- Ideal Frontage, Access, and Visibility - Irreplaceable site with exceptional frontage along Highway 11 with multiple access points.
- Strip Center Intrinsics - With fifteen tenants and no one tenant representing over 14% of the total GLA
FOR SALE DETAILS
PRICE
$4,280,000 USD
PRICE/SF
$101 USD /SF
CAP RATE
7.49%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KEITH STREET PLAZA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
151
LAND DETAILS
LAND ACRES
3.4 AC
LAND SF
148,104 SF
ZONING
CH
APN/PARCEL ID
049K-E-010.00
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404-849-1631
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404-849-1631
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