Valley Plaza Shopping Center Jasper, TN
Retail-Commercial
for Lease
| Catylist Listing ID: |
29993002 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
900 - 3,000 SF |
| Total Available: |
3,900 SF |
| Building Size (RSF): |
56,295 SF |
| Lease Rate: |
$7 - 9 PSF (Annual)
|
| Base Monthly Rent: |
$675 - 1,750 |
| Lease Types: |
NNN |
| Building Name: |
Valley Plaza Shopping Center |
| Usable Size (USF): |
3,000 SF |
| Last Updated: |
3/21/2019 |
Overview / Comments
Commercial Retail Strip Center in Jasper, TN. Center is anchored by Ingles Grocery and Farmers Furniture. Other Tenants include America's Cash Mart, Tobacco store, World Finance, and Jasper Liquor. Citizen's Tri-County Bank is located on out parcel.
Easy ingress and egress via traffic light at Main St. /Turner. Easy access to I-75 by way of U.S. Hwy 41.
Suite G contains 3,000 sf and is a NNN lease, add $1.90/sf to the base rent of $7.00/sf. Total Monthly rent =$2,225/month.
Suite E contains 900 sf and is a NNN Lease, add $1.90/sf to the base rent of $8.00/sf. Total Monthly rent = $742.50/month
Prefer 3-5 year term. Some Restrictions apply.
|
| Level/Floor: |
1 |
| Space Available: |
900 SF |
| Lease Rate: |
$9 PSF (Annual)
$675 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Space E contains 900 S.F. @ $8.00 base rent + $1.85 NNN = Total monthly rent $738.75 including the operating expenses. Space has been newly painted and new flooring. Located next to Ingles. Small storage area with bathroom. Drop ceiling with fluorescent lighting, glass store front, and rear exit to paved area. |
| Date Available: |
1/31/2019 |
| Lease Term: |
36 Months |
| Space Type: |
Relet |
| Tax Expenses |
$0.54 PSF (Annual) |
| Operating Expenses |
$1.31 PSF (Annual) |
| CAM Expenses |
$1 PSF (Annual) |
| Space Available: |
3,000 SF |
| Lease Rate: |
$7 PSF (Annual)
$1,750 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Glass and brick store front with large sales area with new VCT floor tile, small finished office, 1 restroom, stock area. Open floor plan. Shop G contains 3,000 @$7.00 base rent + $1.85 NNN charges = $2,462.50 Total Monthly Rent.
Shop dimensions are 30' wide x 100' deep. End cap space. |
| Date Available: |
2/1/2019 |
| Lease Term: |
36 Months |
| Space Type: |
Relet |
| Tax Expenses |
$0.54 PSF (Annual) |
| Operating Expenses |
$1.31 PSF (Annual) |
| CAM Expenses |
$1 PSF (Annual) |
| Rent Escalators |
Fixed Lease |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Marion |
| Taxing Authority: |
Marion County |
| Tax ID/APN: |
058107 06603 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Business |
| Property Located Between: |
Turner St. and East Valley Rd. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
TN-28 |
| Highway Access: |
TN Hwy 41 |
| Site Description: |
Level site at traffic light in retail area and close to High School and Town Square of Jasper, TN. |
| Area Description: |
Center is located at the intersection of Main Street (Hwy 41) and Turner Ave. This is the business district in downtown Jasper. Nearby business include offices, retail, and fast food. Lots of successful retail in the area. The High School and middle school are located behind the center, as well as an apartment complex. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1987 |
| Year Renovated: |
2016 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick Exterior walls and glass store fronts and sidewalks. Rear exits with paved area for deliveries behind center. |
| Total Parking Spaces: |
234 |
| Parking Type: |
Surface |
| Parking Description: |
Level paved parking in front of shops. Paved parking behind shops for employees. |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Interior Description: |
Suite G-Vanilla Box , newly renovated in 2016. New HVAC, flooring, walls painted.
Suite E-Vanilla Box, newly painted, new floors in 2017. |
| Zoning Description: |
Commercial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,057 |
5,110 |
9,611 |
| Median Age: |
47.36 |
42.46 |
42.9 |
| Households: |
456 |
2,124 |
3,884 |
|
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