Interstate 81 Free Standing Drive-Thru Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30578191
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,565 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $399,000
Unit Price: $111.92 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Former Hardee's Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2020

Overview / Comments

Former Hardee's Restaurant Located at Exit 8 along Interstate 81 on Highway 25 E/ 32 in the City Limits of Morristown, TN. T-A Tourist Accommodation Zoning with (43) Total Parking Spaces on 1.02 +/- Acres.

Interstate 81 ADT - 39,246
Hwy 25E/ 32 ADT - 23,911

Owner will Consider Lease.

Attachments & Media

Additional Details

Nearest MSA: Morristown
County: Hamblen
Taxing Authority: Hamblen County City of Morristown
Tax ID/APN: 032062 01006
Zoning: TA TOURIST ACCOMMODATION
Retail Clientele: General, Traveler
Property Located Between: Exit 8 and Progress Parkway
Property Visibility: Excellent
Feet of Frontage: 203
Traffic/Vehicle Count: 23,911
Highway Access: Hwy 25E / Hwy 32 / S. Davy Crockett Parkway
Site Description: 1.02 +/- Acre Level Lot
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1995
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 43
Parking Type: Surface
Zoning Description: T-A Tourist Accommodation Zoning

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,414 24,244
Median Age: 39.8 38.54
Households: 1,710 9,481

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