348 S Calderwood St - Freestanding FOR SALE


Alcoa, TN 37701
$650,000 USD
513-315-7694
348 S Calderwood St, Alcoa, TN for Sale
$650,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

NEW


348 S Calderwood St
Alcoa, TN 37701


OVERVIEW

Premier real-time investment or owner-occupant opportunity located near downtown Maryville. This free-standing,1,611 SF single-tenant building was originally custom-built for Taco Bell and is currently leased to Advance Financial. The current tenant pays $4,282 per month ($31.90 PSF gross) with a lease expiration of December 16, 2027. Notably, the lease includes a provision allowing for termination with 90 days' notice.? The property is in excellent condition, featuring large storefront windows for natural light and ample parking. While the drive-thru is currently closed, it can be readily reopened for future operations. Given its high visibility and access from Calderwood Street, the building is ideal for various uses, including a coffee shop, smoothie bar, office, bank, pharmacy, or urgent care facility. This location offers a strategic advantage for an owner-occupant looking to outposition the competition, or for an investor seeking premium rental income through 2027 while securing a long-term replacement tenant.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

E

APN/PARCEL ID

046M-A-009.00

ASK ABOUT THIS PROPERTY

Elizabeth HouserSVN | Wood PropertiesMore Info
513-315-7694

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Elizabeth HouserSVN | Wood PropertiesMore Info
513-315-7694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.