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KEITH STREET PLAZA 271 Keith St

42,371 SF 100% Leased 4-Star Retail Building Cleveland, TN 37311 $4,280,000 ($101/SF) 7.49% Cap Rate

Storefront Properties Tennessee Cleveland 271 Keith St, Cleveland, TN 37311

Investment Highlights

  • Mark-to-Market Opportunity - With rents averaging $10.71/SF gross, Keith Street Plaza offers the exceptional opportunity to acquire a fully leased
  • Attractive, Low Price Point Opportunity - Low cost per square foot equates to lower risk and upside, enabling an investor to replace rolling tenants
  • Ideal Frontage, Access, and Visibility - Irreplaceable site with exceptional frontage along Highway 11 with multiple access points.
  • 100% Leased - Home to a synergistic mix of national and local tenants, including Sherwin Williams, Rent-A-Center, H&R Block, and Boost Mobile.
  • Cleveland, TN | Built for Growth - Just north of Chattanooga, Cleveland boasts continued steady growth in jobs, wages, high tech
  • Strip Center Intrinsics - With fifteen tenants and no one tenant representing over 14% of the total GLA

Executive Summary

BROKER OF RECORD
HUTT COOKE
License No. 263667 (TN)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
42,371 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1972/2024
Price
$4,280,000
Price Per SF
$101
Cap Rate
7.49%
NOI
$320,747
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Land Acres
3.40 AC
Zoning
CH - Highway Commercial
Parking
151 Spaces (3.56 Spaces per 1,000 SF Leased)
Frontage
584 FT on U.S. 11

Amenities

  • Freeway Visibility

Links

1 of 1
271 Keith St, Cleveland, TN - aerial map view
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 049K-E-010.00 Improvements Assessment $752,200
Land Assessment $400,000 Total Assessment $1,152,200

PROPERTY TAXES

Parcel Number
049K-E-010.00
Land Assessment
$400,000
Improvements Assessment
$752,200
Total Assessment
$1,152,200
(404) 849-1631

  • Listing ID: 33396567

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 271 Keith St, Cleveland, TN 37311

More public record information on 271 Keith St, Cleveland, TN 37311

The Retail Property at 271 Keith St, Cleveland, TN 37311 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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271 Keith St, Cleveland, TN for sale Building Photo- Image 1 of 5
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271 Keith St, Cleveland, TN for sale Building Photo- Image 2 of 5
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271 Keith St, Cleveland, TN for sale Building Photo- Image 3 of 5
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271 Keith St, Cleveland, TN for sale Aerial- Image 4 of 5
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KEITH STREET PLAZA | 271 Keith St
(404) 849-1631 x

KEITH STREET PLAZA | 271 Keith St

1/4

Jeff Enck

(404) 849-1631

(404) 849-1631

Kyle Stonis

(312) 847-5437

(312) 847-5437

Pierce Mayson

(404) 231-4696

(404) 231-4696

Boris Shilkrot

(470) 986-0689

(470) 986-0689

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