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Property profile & analytics
FOR LEASE
Retail space

3884 Candies Creek Ln NW Cleveland, TN 37312

7,396 SF 1.02 ac lot Built 2022
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-2176577
Property summary
AI-generated overview

This exceptional 1-acre commercial/industrial land parcel presents a prime opportunity for a quick-service restaurant (QSR) in Cleveland, Tennessee. Located at 3884 Candies Creek Ln NW, 37312, this single-tenant site boasts unparalleled access to the rapidly expanding Georgetown Road (Highway 60), a major commuter route projected to become a 5-lane highway by 2025. The property benefits from direct access to Georgetown Road, allowing for convenient ingress and egress, and also offers cross-access to O'Reilly's Auto Parts. This strategic location places the site within close proximity to a newly constructed elementary school and a new Food City grocery store, ensuring high visibility and significant foot traffic. The high traffic volume is further supported by data indicating 33,534 vehicles per day on Highway 60/Georgetown Road and 24,651 vehicles per day on nearby Paul Huff Parkway. The property is also conveniently located just 0.2 miles from Paul Huff Parkway and 1 mile from Interstate 75, providing excellent regional accessibility. This is a rare opportunity to establish a QSR in a thriving area with exceptional visibility and convenient access. The site's full access to Georgetown Road, combined with its proximity to key amenities and major transportation arteries, makes it an ideal location for a successful business venture.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,396 SF
Lot 1.02 ac (44,431 SF)
Zoning code CG
APN 033F A 004.00 000
UPID US80-2176577
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
  • O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.08M
Comparable Approach Comparable
$854k
Blend (final) Blend
$850k
Owner & transaction history
Oreilly Autmotive Stores INC · 3 yrs held
Oreilly Autmotive Stores INC
since 2023
4 recorded transactions
2023
Price N/A
2022
$2.5M
2022
$525,000
2019
Price N/A
Zoning & alternative use
CG · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +60.1%
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