Former Save-A-Lot For Sale ~ Morristown, TN

Retail-Commercial for Sale
Catylist Listing ID: 30709621
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 15,354 SF
Gross Building Area: See Agent
Sale Price: $1,795,000
Unit Price: $116.91 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2021

Overview / Comments

Property is located on W Andrew Johnson Highway on the west side of Morristown, TN between Downtown Morristown and Cherokee Crossing intersection (Merchants Greene Blvd. & US Hwy 11-E).

Rural King outparcel with good access, traffic counts & visibility.

Growing market with the addition of world wide manufacturers and national retailers.

Site is within close proximity of Wal-Mart Supercenter, Food City, Texas Roadhouse, Chili’s & Covenant Health Care (New Construction 2021 - $37,000,000 Outpatient Facility [50,000 SF] with Free Standing Emergency Department & Diagnostics Center, as well as Physician Center)

Attachments & Media

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032041A A 06301
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,531 21,004 45,793
Median Age: 39.32 38.13 38.57
Households: 1,780 8,144 17,943
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