Retail Building For Sale or Lease

Located on Cosby Highway (Highway 32) in Cosby, Cocke County, Tennessee.This 1.05-acre tract is improved with a 9,014 SF retail building that was leased to Dollar General Corporation through 12/31/2023. The store is now vacant. A new larger format (12,687 SF) Dollar General Market has opened directly across the highway from this property. Some possible uses to consider: general merchandise store; hardware store; auto parts store; entertainment (arcade, etc.); social services; daycare center. A future Tennessee Department of Transportation highway expansion project known as the Highway 32 Project is under consideration but the project is not currently funded.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. $6,098.00 per month base rent ($7.00 per SF per year). 5-year initial term. Premises are divisible into two 4,507 sq.ft. rentable spaces, or as otherwise agreed to by Landlord.