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Highway 58 Retail

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Address:
4976 TN 58 37416
Description:

Built in 1993, property includes a 48,900 sq. ft. former grocery store that has been redeveloped for use as a climate controlled self-storage facility with additional retail space. Cannon Self Storage and Portabello's Italian Restaurant are current tenants in the bldg. There is a 12,000 sq. ft. retail space available for lease at $15.00/sf/yr (NNN) with build to suit available. Property under new ownership and ready for redevelopment.

There is a large, striped & paved parking lot available to accommodate tenants and their customers. An interior parcel is located in front of lot that is currently owned and operated by Tennessee Valley Credit Union. This is a well established commercial area of Highway 58 occupied by commercial-retail like fast food chains, convenience stores, grocery stores, drug stores and strip centers to meet daily needs of nearby residents. Future development of the area is highly likely due to the recent addition of Volkswagen Assembly Plant and Amazon.com (less than 3 miles away).

Property is situated on a 5.05 acre site that has high visibility with 381 ft. of frontage along Highway 58, which is a major corridor for area residents to access Highway 153. Site also includes a new LED sign for potential advertising opportunities. Traffic counts in excess of 28,000 cars per day. Property features ingress/egress with a location on the "going home" side of Highway 58, traffic signalized access at entrance and right-turn access. With 1.7 mile access to Highway 153, this property is easily accessible from all areas of town.

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