3297 Cosby Hwy, Cosby, TN 37722

Stand-alone retail building on 1.05 acre lot. Available for sale and for lease. Net Net (NN) Lease. Lessor responsible for roof repairs & roof maintenance. Lessee responsible for property taxes, insurance costs and all other operating expenses. $6,385.00 per month base rent ($8.50 per SF per year). 5-year initial term.

This 1.05-acre tract is improved with a 9,014 SF retail building that is currently leased to Dollar General Corporation through 12/31/2023. The store is not in operation, as a new larger format (12,687 SF) Dollar General Market recently opened directly across the highway from this property. Trade fixtures in the building will not convey with the property. Some possible uses to consider: general merchandise store; hardware store; auto parts store; entertainment (arcade, etc.) A Tennessee Department of Transportation highway expansion project known as the Highway 32 Project is anticipated in the next few years with an unknown time frame. Conceptual plans indicate that the subject property will lose much of front area with its parking spaces. However, the property has additional undeveloped land adjacent to the side parking lot that could possibly provide for additional parking, possibly 16 spaces..