SLEEP NUMBER | 1024 Alcoa Market Street
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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
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $594,000 | Total Assessment | $594,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$594,000
Improvements Assessment
$0
Total Assessment
$594,000
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SLEEP NUMBER | 1024 Alcoa Market Street
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