2308 Treasury DrCleveland, TN 37323

  • Commercial land
  • 0.14 AC
For Lease
$19/SF/YR View listing

Property Details for 2308 Treasury Dr

Lot size
0.14 AC
Zone code
CH
Property type
Commercial land
APN
065E B 010.16 000
APU
065EB01016000

Description

Sterling Pointe Shopping Center presents a unique investment opportunity in Cleveland, Tennessee. This 45,079 square foot, multi-building complex, constructed in 2003, offers a variety of office spaces ideal for traditional, creative, executive, or medical practices. The property boasts a prime location at the hard-corner intersection of State Road 74 and State Road 60, ensuring high visibility and accessibility for businesses. The center is strategically situated on both sides of a Walmart Supercenter, benefiting from the significant traffic generated by this anchor tenant. Currently, there are three available office spaces ranging from 1,200 to 2,400 square feet. The property's tenant mix includes a diverse range of established national brands such as Petsense, Dollar Tree, Onemain Financial, GameStop, Verizon Wireless, and Cato, demonstrating a strong and stable occupancy rate. This well-established shopping center provides a thriving commercial environment within the Chattanooga MSA, offering excellent potential for growth and return on investment. The property's location at a high-traffic intersection ensures easy access for both local residents and travelers, making it an attractive location for a variety of businesses. The combination of a strong anchor tenant, diverse tenant mix, and prime location makes Sterling Pointe Shopping Center a compelling opportunity for businesses seeking a high-visibility presence in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,476,272
    Hospitality
    $1,352,257
    Educational
    $1,125,062
    Medical
    $1,163,755
    Retail
    $1,750,096

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.1278
Longitude
-84.8663
CBSA code
17420
CBSA name
CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$798
$55,480
-
$55,480
-
$138,700
-
$138,700

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