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    2308 Treasury Dr Cleveland, TN 37323

    For Lease
    $19 SF/Yr

    Cleveland, TN Office Center: Multiple Suites, High Visibility

    Lot size:
    45,079 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Sterling Pointe Shopping Center presents a unique investment opportunity in Cleveland, Tennessee. This 45,079 square foot, multi-building complex, constructed in 2003, offers a variety of office spaces ideal for traditional, creative, executive, or medical practices. The property boasts a prime location at the hard-corner intersection of State Road 74 and State Road 60, ensuring high visibility and accessibility for businesses. The center is strategically situated on both sides of a Walmart Supercenter, benefiting from the significant traffic generated by this anchor tenant. Currently, there are three available office spaces ranging from 1,200 to 2,400 square feet. The property's tenant mix includes a diverse range of established national brands such as Petsense, Dollar Tree, Onemain Financial, GameStop, Verizon Wireless, and Cato, demonstrating a strong and stable occupancy rate. This well-established shopping center provides a thriving commercial environment within the Chattanooga MSA, offering excellent potential for growth and return on investment. The property's location at a high-traffic intersection ensures easy access for both local residents and travelers, making it an attractive location for a variety of businesses. The combination of a strong anchor tenant, diverse tenant mix, and prime location makes Sterling Pointe Shopping Center a compelling opportunity for businesses seeking a high-visibility presence in a growing market.

    Property Features for 2308 Treasury Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,079 SF
    Total Rate
    71375.08

    Building Details

    Year Built
    2003
    Buildings
    2

    Unit(s) available at that property

    Space
    A10 (Suite 2328)
    Size
    1,200 SF
    Rate per SF
    $23
    Space
    A07 (Suite 2322)
    Size
    1,600 SF
    Rate per SF
    $23
    Space
    A04 (Suite 2316)
    Size
    2,400 SF
    Rate per SF
    $23

    HighLights

    • High‑visibility corner location at the hard‑corner intersection of State Route 74 and State Route 60, offering excellent accessibility.
    • Strong tenant mix of discount and service retailers serving the Cleveland community.
    • 45,079 square foot shopping center with two buildings.
    • Shadow‑anchored by Walmart.
    • Multiple spaces available, ranging from 1,200 to 2,400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walmart Gas Gas Station Walmart Deli Deli Verizon Electronics Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.8695473
    Latitude
    35.1270747

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    FAQs

    What type of property is this?
    Neighborhood center - Cleveland, TN Office Center: Multiple Suites, High Visibility
    Where is this neighborhood center located?
    The property is located at 2308 Treasury Dr Cleveland, TN.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner location at the hard-corner intersection of State Route 74 and State Route 60, offering excellent accessibility.; Strong tenant mix of discount and service retailers serving the Cleveland community.; 45,079 square foot shopping center with two buildings.
    Request Owner's contact information
    2308 Treasury Dr Cleveland, TN 37323
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    Cleveland, TN 37323
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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
    2308 Treasury Dr Cleveland, TN 37323
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