I-75 Exit 33, Interchange Redevelopment Site

Retail-Commercial for Sale
Catylist Listing ID: 29653956
Property Subtypes: Convenience Store, Free-Standing Building, Retail-Pad, Service Station/Gas Station, Vehicle Related
Building Size (RSF): 10,899 SF
Gross Building Area: See Agent
Gross Land Area: 4.58 Acres
Sale Price: $1,199,000
Unit Price: $110.01 PSF
Property Use Type: Vacant/Owner-User
Building Name: Ponderosa Travel Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/2/2017

Overview / Comments

Souithwest Quadrant of Exit 33 on Interstate 75. Property has been used as a Truck Stop with 2 buildings and a scale to check the weight. Lot has easy access to I 75.
Would be ideal site for development of a Fuel Operator, Motel, Convenience Store and Restaurant.
Very active exit with Amazon 1 M sf warehouse, General Electric 840,000 sf Distribution, Center and Wacker Polysilicate Facility on the other side of Interstate 75. There is a Love Truck Stop Center on the NW Quadrant. Interstae 75 has an Average Daily Traffic Count of 40,867 Vehicles.
Given the expansive TDOT ROW and Frontage Rd configuration, this property is effectively the South West Quadrant of the interchange. The approx 4.5 acre site is situated prominently above the interchange for excellent exposure at the corner with Frontage Rd. Frontage on HWY 308 is approximately 300 feet, Frontage on Frontage Rd is approx 630 ft.
Improvements on the property include Convenience Store (5,000 sq ft), Restaurant (6,000 Sq ft) Customer Lounge (2,000 sq ft) and Proprietor's Apartment (2,000 sq ft). Fueling Stations include 4 Diesel Lanes, 2 MPD's, Truck Repair Shop (2,200 sq ft).

Attachments & Media

Additional Details

Nearest MSA: Cleveland
County: Bradley
Tax ID/APN: 014 051.00
Zoning: HIGHWAY COMMERCIAL
Market Type: Medium
Retail Clientele: General, Business, Traveler, Tourist, Other
Property Located Between: South West Quadrant of I-75 Exit 33 (Charleston TN)
Side of Street: South
Road Type: Paved, Highway, Highway Interchange, Highway Service Drive
Property Visibility: Excellent
Largest Nearby Street: Interstate 75
Feet of Frontage: 300
Highway Access: I-75 at Exit 33
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,951 3,569 20,891
Median Age: 39.25 38.77 41.43
Households: 719 1,346 7,976
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