
TARGET/POWER CENTER OUTPARCELS
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.
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