COMMERCIAL BUILDING WITH 4 TENANT SPACES ON HWY 155 IN COFFEE CITY

Retail-Commercial for Lease
Catylist Listing ID: 30469122
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Contiguous Space: 1,010 - 1,285 SF
Total Available: 2,295 SF
Building Size (RSF): 5,500 SF
Gross Land Area: 0.72 Acres
Lease Rate: $8,700 - 10,794 (Annual)
$8.40 - 8.61 PSF (Annual)
Base Monthly Rent: $725 - 899.50
Lease Types: Gross Lease
Last Updated: 9/16/2020

Overview / Comments

Existing strip center designed to have 4 different tenant spaces. High visibility location with easy access off of HWY 155 offers tenants a great opportunity to have a small business in the local area of Coffee City. Two of the spaces currently under construction for a restaurant to occupy, but could easily be finished back for retail or office type use. Other 2 spaces are still set up for office/retail use. With over 15,000+ cars passing by daily and over 320' of frontage on HWY 155, this is a prime parcel ready for investment. Scrolling billboard sign does not convey with property, EDC wants to keep it to help promote local Coffee City businesses!
Suite #100 is 2582 sf and is leased. Suite #200 is 748 sf and is leased. Suite #300 is 1010 sf and is available for lease. Rents for $725 monthly Suite #400 is 1285 sf and is leased.

Expand All 2 Spaces Available

Suite: 300 1,010 SF $725 (Monthly) Gross Lease
Suite: 400 1,285 SF $8.40 PSF (Annual) Gross Lease

Additional Details

Nearest MSA: Palestine
County: Anderson
Taxing Authority: ANDERSON COUNTY
Tax ID/APN: C000122739
Zoning: COMMERCIAL
Retail Clientele: General, Business, Recreation
Property Located Between: Frankston and Tyler
Property Visibility: Excellent
Largest Nearby Street: HWY 155 Frontage
Feet of Frontage: 321
Traffic/Vehicle Count: 1,500
Highway Access: Yes, on Hwy 155
Site Description: level .719 Ac. Easy access to paved parking lot from Hwy 155.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,100 SF
Property Condition: Average
Year Built: 1985
Construction/Siding: Wood Siding
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: paved parking lot
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Commercial, Retail, Office
Water Service: Municipal
Sewer Type: Septic
Legal Description: AB 624 WM Pickett SUR, Tract 2b2, 0.719 acres

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,829 8,692
Median Age: 49.06 47.73
Households: 2,901 3,630

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