Highway 51 S - Kimbrough SC - Outparcel

1.2 Acres of Commercial Land Offered at $940,896 in Atoka, TN 38004

INVESTMENT HIGHLIGHTS

  • Exellent Ingress & Egress to Hwy. 51 and Kimbrough Road with signalized intersection
  • Kroger anchored shopping center
  • Great Visibility to Hwy. 51

PROPERTY FACTS

Price $940,896
Sale Type Investment
Sale Condition Ground Lease (Leasehold)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
  • Health Club
  • Service Station
Total Lot Size 1.20 AC

1 LOT AVAILABLE

Lot

Price $940,896
Price Per AC $784,080.00
Lot Size 1.20 AC

1.2 acre outparcel on Hwy. 51 with ingress and egress to the parcel via cross-easement to the existing drive lane from Hwy. 51 to the north side of the parcel. Kroger will commence expansion 3Q 2024, delivery early Q1 2025.

DESCRIPTION

Kimbrough Crossing Shopping Center is a 84,915 square foot shopping center featuring dramatic architectural design and strategically located at the southeast corner of U. S. Highway 51 and Kimbrough Road in Atoka, Tennessee, located in the dynamic and fast growing trade area of southern Tipton County that includes the cities of Atoka, Munford and Brighton. Kimbrough Crossings Shopping Center is anchored by a 58,275 square foot Kroger (with potential for expansion by an additional 30,000 s.f.) with a Kroger gas station. One 1.20 acre outparcel (Parcel 3), located on U.S. Highway 51 is available (access for Parcel 3 will be via cross-easement to the existing drive lane on the north side of the parcel when developed). There are approximately 582 parking spaces at Kimbrough Crossing. Additional retail space is available in two buildings with 6,240 square feet in Retail “A” and 20,400 square feet in Retail “B” for a total of 26,640 square feet.

PROPERTY TAXES

ZONING

Zoning Code C-2 (Commercial)
  • Listing ID: 24408427

  • Date on Market: 11/2/2021

  • Last Updated:

  • Address: Highway 51 S, Atoka, TN 38004