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SLEEP NUMBER 1024 Alcoa Market Street

3,000 SF Retail Building Maryville, TN 37801 $2,112,000 ($704/SF) 6.25% Cap Rate

Investment Highlights

  • BRAND-NEW 10-YEAR LEASE – New construction, Sleep Number rent commenced at the end of 2023.
  • PREMIER LOCATION
  • AFFLUENT KNOXVILLE SUBURB
  • PART OF LARGER DEVELOPMENT
  • CORPORATE GUARANTEE – Sleep Number produced over $1.89 billion in revenue for the 2023 fiscal year.
  • STRONG DEMOGRAPHICS

Executive Summary

New construction, Sleep Number rent commenced at the end of 2023

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,000 SF
Building Class
C
Year Built
2023
Price
$2,112,000
Price Per SF
$704
Cap Rate
6.25%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
PUD - Planned Unit Development

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

First Watch
Cheddar's Scratch Kitchen
Krystal
United Community Bank
Hooters
Truist
Five Guys
Buffalo Wild Wings
Chili's Grill & Bar
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 005046 01804
  • 005046 01804
Land Assessment
$594,000
Improvements Assessment
$0
Total Assessment
$594,000
  • Listing ID: 32479621

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 1024 Alcoa Market Street, Maryville, TN 37801

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