Freestanding Former Taco Bell | Athens, TN

1202 Decatur Pike Athens, TN 37303

1202 Decatur Pike, Athens, TN, 37303
1202 Decatur Pike, Athens, TN, 37303
FOR SALE
Property Type:
Free Standing Building
Amount:
$675,000
Last Verified:
Aug 10, 2023

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!

Description

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.

This property is located in Athens, TN.


Year Built: 1989
Building Size: 2573sq ft
Lot Size: 0.73 acres


Documents

Offering Memorandum

Map of 1202 Decatur Pike, Athens, TN, 37303

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