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271 Keith St
Cleveland, TN 37311

$4,280,000 USD

Storefront For Sale  •  42,371 SF

Property Details

  • Property Type Storefront
  • Total Building Size 42,371 SF
  • Lot Size 3.4 AC
  • Building Class B
  • Year Built 1972
  • Cap Rate 7.49 %
  • Tenancy Multiple
  • Zoning CH
0 Transit Score
78 Walk Score

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
Cap Rate: 7.49 %

Amenities

  • Freeway Visibility

Public Transportation

AirportDriveWalkDistance
Lovell Field 36 min - 24.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 151
Type: Surface
Included in Rent: Yes
Jeff Enck 404-849-1631 SRS Real Estate Partners
Jeff Enck 404-849-1631 SRS Real Estate Partners