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Property profile & analytics
FOR LEASE
Retail space

100 N Cedar Ave South Pittsburg, TN 37380

20,313 SF 3 ac lot Built 1972
Individually Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US80-0769367
Property summary
AI-generated overview

This exceptional 15,075 square foot retail center, located at 100 N Cedar Ave, South Pittsburg, TN 37380, presents a unique investment opportunity. The single-story building features multiple tenancies within a strip center configuration, offering spaces ranging from 1,600 to 2,600 square feet. Three spaces are currently available, ideal for a variety of retail or restaurant uses. The property benefits from a strong anchor tenant, Foodland Grocery Store, ensuring consistent foot traffic. Recent exterior improvements include substantial upgrades and new lighting, enhancing the overall aesthetic appeal and functionality of the center. Suites D-4 and D-5 have been professionally finished, providing a turnkey solution for potential tenants. The property is zoned 058142J C 02200. Estimated net charges are $1.80 per square foot. This well-maintained property offers a compelling combination of established tenancy, attractive aesthetics, and a strategic location in the thriving South Pittsburg market. The property's convenient location and recent upgrades make it an excellent choice for businesses seeking high visibility and a strong return on investment. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,313 SF
Lot 3 ac (130,680 SF)
APN 058142J C 02200
UPID US80-0769367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Citgo Gas Station
  • ATM Atm
  • Kankus Food Mart Grocery & Convenience Store
  • Dollar Tree Discount Store
  • Kirkpatrick's Foodland Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.42M
Comparable Approach Comparable
$2.33M
Blend (final) Blend
$2.37M
Owner & transaction history
Gentle P Jackson JR. · 11 yrs held
Gentle P Jackson JR.
since 2014
1 recorded transaction
2014
$1,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.2M +45.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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