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207-231 Mose Dr
Sparta, TN 38583

$8,950,000 USD

Storefront For Sale  •  98,436 SF

Property Details

  • Property Type Storefront
  • Total Building Size 94,152 SF
  • Lot Size 19.1 AC
  • Building Class C
  • Year Built 1984
  • Tenancy Multiple
  • Zoning C-D
0 Transit Score
38 Walk Score

Highlights

Built in 1984 and recently redeveloped in 2023 limits capital repairs for an investor during the hold period
Situated just off Highway 111 (16,000 VPD), with strong visibility and access, and adjacent to popular fast-food chains
The asset benefits from newly signed long term leases with national tenants
The offering includes two development sites that can accommodate future retail uses. Initial plans show approximately 3.6 acres of additional land
Sparta’s entire geographic area is designated as an Opportunity Zone offering potential tax benefits for investors

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Teddy Driscoll 978-854-2126 Atlantic Retail
Teddy Driscoll 978-854-2126 Atlantic Retail