Redeveloped Multi-Tenant Shopping
For Sale
Contact for pricing
Pending
207 Mose Dr, Sparta, TN 38583
Fully leased retail center with national tenants and additional land for planned outparcel development.
Property Size94,152 SF
Days on Market193
Property Features for 207 Mose Dr
General Information
Standard status
Pending
Size
94,152 SF
Class
A
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$631,663
Building Details
Units
12
Tenancy
Multi
Listing Agency:
Atlantic Capital Partners
Listed By:
Teddy Driscoll · License #GA 429151
Source:
Crexi
Added: Feb 19
Changed: Aug 30
Last Checked: Jul 18 at 12:32AM
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
West Towne Plaza is a redeveloped shopping center comprising 94,152 square feet on a 21.1-acre site. The property is fully leased to 12 retail tenants, including Five Below, Bealls, and Shoe Sensation, with 5.8 years of weighted average lease term remaining.
The center is located at 207 Mose Dr in Sparta, Tennessee, along Route 111, the primary highway linking Sparta with Cookeville to the north and Spencer to the south. Adjacent land parcels and planned outparcel development are also part of the property context, expanding the site’s current retail configuration.
The center is located at 207 Mose Dr in Sparta, Tennessee, along Route 111, the primary highway linking Sparta with Cookeville to the north and Spencer to the south. Adjacent land parcels and planned outparcel development are also part of the property context, expanding the site’s current retail configuration.
Key Highlights
- 94,152‑square‑foot shopping center on 21.1 acres
- 100% leased to 12 retail tenants
- 5.8 years of weighted average lease term remaining
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
115k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 29%
Groceries 5%
Home Improvements & Furnishings 5%
McDonald's
Dining
30,229 visits/mo
0.1 miles
Taco Bell
Dining
14,316 visits/mo
0.2 miles
Five Below
Shops & Services
11,526 visits/mo
0.3 miles
KFC
Dining
8,392 visits/mo
0.1 miles
Arby's
Dining
8,189 visits/mo
0.1 miles
Demographics for 38583, TN
25,302
Population
11,158
Households
2.3
Avg Household Size
44
Median Age
14%
College-Educated
83%
High-School Grad
363.6 sq mi
ZIP Area
70
Density / Sq Mi
$58,285
Median Household Income
$32,634
Median Earnings
$851
Median Rent
$199,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- West Towne Plaza Shopping Center — West Towne Plaza Shopping Center, 810 Roosevelt Dr, Sparta, TN 38583
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with national tenants and additional land for planned outparcel development.
Where is this shopping center located?
The property is located at 207 Mose Dr Sparta, TN.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 94,152‑square‑foot shopping center on 21.1 acres; 100% leased to 12 retail tenants; 5.8 years of weighted average lease term remaining
