3324 Cosby Hwy, Cosby, TN
Retail for Sale - $485,000 - 9,180 Sq. Ft. on 2.58 acres
Property Info
CIMLS# | 793291 |
Location 3324 Cosby Hwy Cosby TN 37722 | |
Updated | March 18th, 2016 |
Type | Retail |
Price | $485,000 |
Building | 9,180 Sq. Ft. |
Land | 2.58 acres |
Property Description
The subject property is located in Cosby Tennessee, a rural location outside the city of Newport. The subject consists of (1) 9,180 SF Retail Building on a 2,58 Acre Land Parcel located along Highway 321/ 73/ 32. Built in 2006 Family Dollar was the only tenant and has vacated the property.
Family Dollar continues to pay monthly rent through June 2016.
Location Description:
Subject property is located (8.3) miles from Interstate 40. Highway 321 is an alternate route to the Eastern Side of the Great Smoky Mountains National Park and Sevier County which is a major tourism destination traffic counts according to the Tennessee Department of Transportation is 6,352 ADT. Subject Property is (10) miles from Downtown Newport.
Highlights:
>> (2.58) Acre with +/- .50 Acre Pad Ready
>> Located Adjacent Cosby Elementary School
>> +/- 300 Feet along Highway 321
>> 2006 Construction
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Financials
Sales Info:
>> Commision split: 3.0%