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2380 N Ocoee St
Cleveland, TN 37311
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,360 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.47 AC
Zoning
CH
Parking
30 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
133’ on Ocoee Street
Amenities
- Signage
- Air Conditioning
About 2380 N OCOEE ST , CLEVELAND, TN 37311
Prime Investment Property located in the heart of Cleveland Tennessee. Situated on 1.47 acres, this beautiful and updated shopping strip center can be facilitated for retail or office use. Next door to CVS, Walgreen's and city restaurants and shopping within minutes. Has been completely 100% occupied for the past 12 years with the exception of 1 unit recently, but will be leased immediately. Leases are triple net for current tenants, Lupi's Pizza, Cleveland Image Center & PET Imaging, The Fix, and Northwestern Insurance. Parking in front, side and rear of building for 35+ vehicles. Both 2015 and 2016 Tax Returns on file, P&L's for 2016 and 2017, and available upon request as well as all leases. Currently a cap rate of 8.09%
Property Taxes
| Parcel Numbers | Improvements Assessment | $176,440 | |
| Land Assessment | $282,840 | Total Assessment | $459,280 |
Property Taxes
Parcel Numbers
Land Assessment
$282,840
Improvements Assessment
$176,440
Total Assessment
$459,280
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