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Outparcel Lots in Growing Area

Sgt. Paul Huff Parkway Northwest Cleveland, TN 37312

Sgt. Paul Huff Parkway Northwest, Cleveland, TN, 37312
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For Sale
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Commercial land available for ground lease or build-to-suit.

Days on Market3288

Property Features for Sgt. Paul Huff Parkway Northwest

General Information

Standard status
Active
Property subtype
Land
Listing Agency HJP investment LLC
Listed by Henry J. Pham · License #TN 337784
Source Crexi
Added: Jul 19, 2017 Checked: Jul 17 at 9:28 am

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 HJP investment LLC


Investment Insights

Based on property information with market context.

These outparcel lots are available for lease only at a rate of $2.18/SF/YR ($95,000/AC/YR). Build-to-suit options are available. Cleveland, the 5th largest industrial city in Tennessee, hosts 12 Fortune 500 manufacturers. It has been recognized by Forbes and Business Week as a top community for business and family life. The area is experiencing rapid commercial and residential growth. Recent developments include the completion of Paul Huffs Corner, a 31,000 sqft. commercial mall, and the development of 200 apartment units. Bradley Square Mall has been renovated and expanded. Banks, national chain restaurants, and retailers have established locations along Paul Huffs Parkway. Several residential subdivisions and apartment complexes have been developed in recent years. The property is located in a superior location within the Regional Power Center/Cleveland Town Center, anchored by Target, Kohl's, Bed Bath & Beyond, Ross for Less, Old Navy, Body Works, Book A Million, AT&T, Game Stops, and more. It is the fastest-growing area in town and a top visiting center in Cleveland. The location benefits from its position along Interstate 75, which sees 45,000 vehicles per day. The property is ready to build, and lots can be combined to create a larger lot. Corner lots are available. All utilities are underground. The outparcels are fine-graded, and pylon signs are permitted. These properties are available for ground lease or build-to-suit with a lease rate of $100,000/Acre/Yr., NNN, for 20+ years.

Key Highlights

  • Located in the fastest growing area in Cleveland, TN.
  • Part of a Regional Power Center anchored by major retailers like Target and Kohl's.
  • High traffic location on Interstate 75 corridor with 45,000 vehicles per day.

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - Commercial land available for ground lease or build-to-suit.
Where is this commercial land located?
The property is located at Sgt. Paul Huff Parkway Northwest Cleveland, TN.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Located in the fastest growing area in Cleveland, TN.; Part of a Regional Power Center anchored by major retailers like Target and Kohl's.; High traffic location on Interstate 75 corridor with 45,000 vehicles per day.
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