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14848189
174513

Sgt. Paul Huff Parkway Northwest, Cleveland, TN 37312

HP
TN 337784
HJP investment LLC
Listed by HJP investment LLC
$5,750,000
3242 days on market
Updated 75 days ago

TARGET/POWER CENTER OUTPARCELS

Details
APN 033A E 003.00, 033A E 004.00
Property Type Land
Sub Type COMMERCIAL LAND, Development Site
Broker Co-Op Yes
Acreage 3.160
Zoning PUD
Ownership Fee Simple

Land | 3.16 acres

Marketing description

THESE OUTPARCEL LOTS ARE CURRENTLY AVAILABLE FOR LEASE ONLY!

LEASE RATE : $2.18/SF/YR ($95,000/AC/YR). BUILD TO SUITE AVAILABLE.



Cleveland is the 5th largest industrial city in the State of TN and is home to 12 Fortune 500 manufacturers. Forbes and Business Week named Cleveland one of the top 50 communities in the United States in which to do business or raise a family. Lee University, the 2nd largest private University in TN and Cleveland State College are also located in Cleveland.

EXPLODED GROWTH IN COMMERCIAL AND RESIDENTIAL

Area recent developments including Paul Huffs Corner 31,000 sqft. has completed. Next by, a Commercial Mall and 200 apartment units are being developed. Bradley Square Mall has been renovated and expanded in thousands sqft. more for commercials. Banks, National Chains restaurants and retails have been settled along Paul Huffs Parkway. Several residential subdivisions and apartment complexes have been developed in last few years.

SUPERIOR LOCATION!

The Regional Power Center/Cleveland Town Center currently anchored by Target, Kohl's, Bed Bath & Beyond, Ross for Less, Old Navy, Body Works, Book A Million, AT&T, Game Stops, and more.


PROPERTY HIGHLIGHTS

Fastest Growing Area in Town

#1 Visiting Center in Cleveland. (2022-2023)

(Sample data on Dec. 2023: Visits 312.6K, Visitors 164.3K, Visit Frequently 1.9 by Analytics.placer.ai)

Interstate 75 Corridor

45,000 Trafic/day

Regional Power Center

Ready to build

Can combine to 1 large lot

Corner Lots

All utilities are underground

Fine graded outparcels

Pylon signs allowable


THESE PROPERTIES ARE AVAILABLE FOR GROUND LEASE OR BUILD-TO-SUIT.

LEASE RATE $100,000/Acre/Yr., NNN, 20+ Yr.




Investment highlights

Lot 1

LEASE RATE $100,000/Acre/Yr., NNN, 20+ Yr.

Lot Size 1.61 AC

Lot Type Retail-Pad (land)

Lease Term 300 Months

Lot 1. Corner lot


Lot 2

LEASE RATE $100,000/Acre/Yr., NNN, 20+ Yr.

Lot Size 1.55 AC

Lot Type Retai Pad (land)

Lease Term 300 Months

Lot 2. Corner Lot


BROKERS COOPERATION COMMISSION IS 1% OF SALE PRICE.

Listing Contacts

HP
TN 337784
HJP investment LLC
Listed by HJP investment LLC

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