Free-standing Retail Property For Sale and For Lease

3297 Cosby Highway Cosby, TN 37722

3297 Cosby Highway, Cosby, TN, 37722
Cosby Retail Building
3297 Cosby Highway, Cosby, TN, 37722 3297 Cosby Highway, Cosby, TN, 37722 3297 Cosby Highway, Cosby, TN, 37722 3297 Cosby Highway, Cosby, TN, 37722 3297 Cosby Highway, Cosby, TN, 37722 3297 Cosby Highway, Cosby, TN, 37722
FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$699,000
Last Verified:
Aug 07, 2024

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Highlights


Description

This 1.05-acre tract is improved with a 9,014 SF retail building that was leased to Dollar General Corporation through 12/31/2023. The store is now vacant. A new larger format (12,687 SF) Dollar General Market has opened directly across the highway from this property.

Some possible uses to consider: general merchandise store; hardware store; auto parts store; entertainment (arcade, etc.); social services; daycare center.

A future Tennessee Department of Transportation highway expansion project known as the Highway 32 Project is under consideration but the project is not currently funded.

Stand-alone retail building on 1.05 acre lot. Available for sale and for lease.

Net Net (NN) Lease. Lessor responsible for roof repairs & roof maintenance. Lessee responsible for property taxes, insurance costs and all other operating expenses. $6,098.00 per month base rent ($7.00 per SF per year). 5-year initial term. Premises are divisible into two 4,507 sq.ft. rentable spaces, or as otherwise agreed to by Landlord.

Located on Cosby Highway (Highway 32) in Cosby, Cocke County, Tennessee.


Year Built: 2006
Building Size: 9014sq ft
Lot Size: 1.05 acres


Documents

Civilian Labor Force Profile.pdf
Financial Expenditures.pdf
Business Locator.pdf
Executive Summary.pdf
Demographic and Income Comparison Profile.pdf
Net Worth Profile.pdf
Housing Profile.pdf
Retail Goods and Services Expenditures.pdf
Site Details Map.pdf
Traffic Count Map.pdf
Sale Proposal - NEW
Offering Memorandum - NEW
Survey 2-16-2023
Lease Brochure - NEW
Highway 32 Project (See Figure 10)

Units for Lease

Retail - Free Standing Building
Space Available: 9014 SF
Lease Type: Modified Net

Price Per Sqft/Month: $7.00

Map of 3297 Cosby Highway, Cosby, TN, 37722

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