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    2230 Jacksboro Pike LaFollette, TN 37766

    Sponsored
    For Lease
    $28 SF/Yr ($9,333 /Mo)

    Prime LaFollette location, high traffic counts.

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant retail property, located at 2230 Jacksboro Pike in LaFollette, Tennessee, 37766, offers 1,763 square feet of space ideal for a fast-food restaurant or similar retail use. The property is situated in a high-traffic area with 29,687 vehicles passing daily on Jacksboro Pike. Benefiting from a triple net lease at a rate of $28 per square foot, with expenses at $5 per square foot, this investment presents a strong return potential. The property boasts excellent co-tenancy with Dunkin' Donuts (drive-thru), AT&T, and Jersey Mike's Subs, further enhancing its visibility and appeal. Nearby established retailers include Burger King, Pizza Hut, Food City, and Wendy's, indicating a robust and thriving commercial environment. Strong demographics support the location's viability, with population counts within a 1-mile, 3-mile, and 5-mile radius of 8,319, 56,975, and 138,007 respectively. Average household incomes within these radii are $78,058, $67,173, and $67,724, respectively, demonstrating significant consumer spending power. The total building size is 4,000 square feet. This property presents a compelling opportunity for investors seeking a stable, high-traffic retail investment in a desirable Tennessee market.

    Property Features for 2230 Jacksboro Pike

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    9333.33

    Unit(s) available at that property

    Space
    Size
    8,000 SF
    Rate per SF
    $28
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    LaFollette
    County
    Campbell
    State
    Tennessee
    Longitude
    -84.1633388
    Latitude
    36.3460203

    Nearby Comparable

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      Retail Space on Appalachian Highway

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    • Contact for pricing
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      Andersonville Office Space

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      Commercial Land Near I-75

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    Nearby Similar for Lease

    • $11 SF/Yr
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      La Follette Retail Space Available

      Prime Retail Space, High Visibility, 4.33 Acres
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      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime LaFollette location, high traffic counts.
    Where is this restaurant located?
    The property is located at 2230 Jacksboro Pike LaFollette, TN.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    Request Owner's contact information
    2230 Jacksboro Pike LaFollette, TN 37766
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    LaFollette, TN 37766
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2230 Jacksboro Pike LaFollette, TN 37766
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