880 S Jefferson Ave - Restaurant FOR SALE
Cookeville, TN 38501 |
880 S Jefferson Ave
Cookeville, TN 38501
HIGHLIGHTS
- ABSOLUTE $1 AUCTION | Former Shoney’s | 22K VPD | 2.36 Acres | AUCTION MAY 5-7, 2025
- Freestanding Former Restaurant on Large 2.36 Acre Site Available at Significant Discount Below Replacement Cost
- 22,369 VPD Traffic Count Frontage and Visibility on S Jefferson Ave | Direct Access to I-40 (52K VPD)
- Located in Prime Retail/Restaurant Hub Adjacent to Multiple Hotels and Shadow Anchored by Walmart and Lowe’s
- Surrounding Traffic Generators: Best Western, Home Suites, Super 8, Sam’s Club, Kroger, Aldi, Days Inn, Red Roof, Hampton Inn, Holiday Inn Express
- Zoned CG, General Commercial District with a Variety of Permitted Uses
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
$1 Auction - REIT SALE | Former Shoney’s
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
6009
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
78
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
066-049.00
