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Copper Plaza 125 Five Points Dr

34,332 SF 100% Leased Retail Building Ducktown, TN 37326 $2,500,000 ($73/SF)

Executive Summary

Multi-Tenant Retail Opportunity: This center is the only retail game in town. Ideal for a new grocery store which will dominate
the market as the only grocery store in the entire town. Closest groceries are in Blue Ridge, GA and Murphy, NC.
Leases: Most leases are month-to-month and rents have not been adjusted in years, creating a very rare opportunity to bring
rents to 2023 market values. Family Dollar has been established since the year 2,000, and continues to be a major producer.
Location: This location is the #1 retail location in all of Ducktown, TN. Strategically located at the only traffic signal in the town.
Ducktown is located 36 miles from Cleveland, TN, 15 miles from Blue Ridge, GA and 25 miles from Murphy, NC. Ducktown is at
the intersection of US-64/74 and TN-68, two main access routes to vacation properties in the TN, NC and GA mountains.
Also, available is a separate commercial building next door on approximately 2.3 acres and 17 acres of vacant land behind the shopping center. See Listing Broker for further details.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
34,332 SF
Building Class
C
Year Built
1979
Price
$2,500,000
Price Per SF
$73
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
4.30 AC
Opportunity Zone
Yes
Zoning
Commercial - Property is to be re-platted and surveyed by seller prior to closing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115F-C-042.00
Land Assessment
$14,160
Improvements Assessment
$496,880
Total Assessment
$511,040
  • Listing ID: 29499457

  • Date on Market: 9/12/2023

  • Last Updated:

  • Address: 125 Five Points Dr, Ducktown, TN 37326

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