Property State: Tennessee

The subject property is strategically located near the signalized, hard corner intersection of U.S. Highway 321 and State Highway 67, averaging a combined 33,200 vehicles passing by daily. The street-front property benefits from excellent visibility via a large pylon sign along Cherokee Rd./ State Highway 67. The sire is situated within 1 mile southwest of the on/off ramps to Interstate 26 (63,700 vehicles per day), a major retail corridor featuring a variety of national/credit tenants including Walmart Supercenter, Kroger, Target, Hobby Lobby, Walgreens, Family Dollar, and more. The asset is within close proximity to East Tennessee State University (14,189 students) and is surrounded by student dormitories and housing communities including Pleasant View Estates (65 units), The Villas as Pleasant View (17 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by more than 71,500 residents and nearly 57,000 daytime employees with an average household income of $60,726.