1200 Tn28 Redevelopment Site — Sale in Jasper, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Jasper, TN 37347

Description

Marcus & Millichap is pleased to present the opportunity to acquire a free-standing restaurant building located at 1200 TN-28 in Jasper, TN. Formerly occupied by a national quick-service restaurant, the Property is now offered vacant, creating a compelling opportunity for investors or owner-users to reposition a modern restaurant asset. Constructed in 2021, the Property consists of a one-story, free-standing 2,628 square foot building situated on an expansive ±2.8-acre parcel. The oversized land component provides a rare opportunity for additional development, pad splits, expansion, or complementary retail concepts, significantly enhancing long-term value potential. The Property is zoned C-2 (General Commercial), permitting a wide range of commercial uses, including but not limited to retail, restaurant, service-oriented businesses, and medical office, further expanding the site’s repositioning flexibility. The site benefits from direct frontage along TN-28 and is visible from Interstate 24 (I-24), which carries approximately 49,969 vehicles per day (VPD) within Marion County. This dual exposure provides strong branding potential and enhances long-term tenant desirability due to both local and regional traffic patterns. Located approximately 30 minutes west of Chattanooga, Jasper serves as a regional commercial hub within southeastern Tennessee. The Property’s strategic positioning near the I-24 corridor supports consistent commuter, logistics, and pass-through traffic, while limited competing freestanding inventory strengthens its marketability. As a vacant asset with modern construction and existing restaurant infrastructure, the Property offers investors the ability to create value through lease-up at market rents or redevelopment of the excess land. Investment Highlights: • 2021 Construction – Turnkey Condition: Recently built 2,628 SF free-standing restaurant building featuring modern construction and durable materials. • Large 2.8-Acre Parcel: Oversized lot (

Market Context

This retail in Jasper, TN is listed for sale. It has been on the market for 100 days. Compare it against other retail listings for sale in Jasper, TN — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Jasper, TN