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2308 Treasury Dr SE Cleveland, TN 37323

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For Sale
$7,975,000

45,079 SF retail center anchored by national tenants.

Type:Shopping Strip
Property size:
45,079 SF
Price / SF:
$176/SF
Added:
Apr 11, 2026
Days on Market:
12
Last Refresh:
Apr 11 at 8:01 pm

Property Features for 2308 Treasury Dr SE

General Information

Standard status
Active
Size
45,079 SF
Property subtype
Shopping Strip

Building Details

Year Built
2003

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Listing Contact
Eric Abbott

Listing agent Eric Abbott License #License(s): GA: 407938

Listing office Atlanta Office

Listing date Apr 11, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Office


Overview

Walmart Shadow-Anchored Retail Center

This 45,079 square foot retail center is shadow-anchored by Walmart. The property is located in Cleveland, Tennessee, within the Chattanooga MSA. The center features a mix of national brands and service-oriented tenants, including Dollar Tree, Petsense, Cato, Verizon, and One Main. The location benefits from high foot traffic, with the center seeing 3.08 million visits annually. The property is positioned on Dalton Pike/Appalachian Highway with a combined 50,000 vehicles per day. It has direct frontage on Dalton Pike SE and is in close proximity to Appalachian Highway, a primary retail artery connecting Cleveland to I-75. The center is located in Cleveland’s primary retail cluster, near Walmart, Aldi, Walgreens, and Food City. The property is 100% leased with potential future mark-to-market upside from near-term rent rolls. The weighted average in-place rent is $15.88 per square foot.
Location Intelligence

Current Use by Public Records

Walmart Gas Gas Station Walmart Deli Food Market Verizon Electronics & Wireless Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

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Location Insight

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  • Local Demand
City
Cleveland
County
Bradley
State
Tennessee
Longitude
-84.86862
Latitude
35.125849

FAQs

What type of property is this?
Shopping center - 45,079 SF retail center anchored by national tenants.
Where is this shopping center located?
The property is located at 2308 Treasury Dr SE Cleveland, TN.
What is the asking price?
The asking price for this property is $7,975,000.
What are key features of this property?
This property features: Walmart shadow‑anchored center with high foot traffic: 3.08 million annual visits, ranked #2 in the area.; 100% leased with mark‑to‑market upside: current average rent is 20% below market.; Strong tenant stability: over 50% of tenants have been in place for 18‑20+ years.
More about this property
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