3862 Candies Creek Ln Cleveland, TN 37312
- Retail properties
- 30,196 SF
Current Use by Public Records
- Retail properties
Property Details for 3862 Candies Creek Ln
- Year built
- 2007
- Property size
- 30,196 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 1,250 sq. ft. executive/traditional office space is situated in a thriving retail center on Cleveland's north side, at the highly visible intersection of Paul Huff Pkwy and Georgetown Rd NW (TN-60), boasting 31,965 vehicles per day. The property, built in 2007, is part of a larger 30,196 sq. ft. building anchored by a Dollar Tree store with a 10-year lease extending to April 2034. The surrounding area features a strong mix of national retailers including O'Reilly Auto Parts, Walgreens, Fast Pace Health Urgent Care, Creekside Veterinary Hospital, and McDonald's, ensuring high visibility and foot traffic. The tenant mix emphasizes e-commerce-resistant businesses, focusing on services like food, finance, and healthcare. The location benefits from strong demographics, with an average household income exceeding $90,000 within a three-mile radius and a growing population. A significant $54 million expansion of TN-60 is underway, including a five-lane upgrade, a new Candies Creek bridge, a center turn lane, and other infrastructure improvements, further enhancing the property's value and accessibility. This presents a unique opportunity to lease 12.42% of the total gross leasable area (GLA) and capitalize on the significant growth and development in the area. The single-tenant occupancy offers flexibility and potential for long-term growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.8801
- Latitude
- 35.2151
