504 Crockett Trace Dr - Restaurant FOR SALE


Morristown, TN 37814
$1,425,000 USD
865-777-3030
504 Crockett Trace Dr, Morristown, TN for Sale
$1,425,000 USD
Restaurant - FOR SALE
1/26
null | Request Cap Rate

504 Crockett Trace Dr
Morristown, TN 37814


HIGHLIGHTS

  • Build up to 11,000 SF of prime commercial space
  • Strategic commercial zoning for versatile retail opportunities
  • High visibility in the bustling Morristown area
  • Ideal layout for creating an inviting retail environment
  • Ample space to attract and accommodate shoppers
  • Convenient location for retailers seeking a thriving market

OVERVIEW

1.87 acres infront of the busiest Walmart in the region with an 11,104 SF building area situated on a spacious flat lot (approx. 81,345 sqft). The building, built in 2003 was previously national restaurant which has been converted to self storage units. The property is zoned IB (Industrial/Business General) and features flat topography with municipal water service. This parcel is positioned for a variety of commercial uses. The location in Morristown’s active business corridor offers excellent regional access and visibility, making it ideal for owner-occupants or investors seeking a well-placed property with strong market fundamentals. Morristown draws from a trade area of over 1 million people within a 45-minute drive, positioning it as a long-established center for retail and commercial activity in Upper East Tennessee. The city highlights a “sophisticated retail market” with offerings tailored to different customer preferences across the community. The primary regional shopping destination is College Square Mall, the only enclosed mall in an 8-county area and home to anchors such as Belk, Kohl’s, Dick’s Sporting Goods, more than 50 specialty shops, restaurants, and a 12-screen AMC theater. The mall’s location at the intersection of US 25E and US 11E has attracted surrounding retail development benefiting from this high-traffic node. 504 Crockett, Morristown, TN. offers a dynamic mix of local destinations and convenient retail amenities. 5 minutes from the downtown district with its bespoke dining options, and entertainment venues. Regional draws include Panther Creek State Park, and Cherokee Lake, each providing a serene retreat for outdoor enthusiasts. Additionally, the location offers easy access to major highways and transportation hubs. The area surrounding 504 Crockett offers something for everyone.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

IB

APN/PARCEL ID

034-021.05

ASK ABOUT THIS PROPERTY

Justin SterlingNAI Koella | RM MooreMore Info
865-777-3030

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Justin SterlingNAI Koella | RM MooreMore Info
865-777-3030

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