850 25th Street NW • Cleveland, TN 37311
Year Purchased: 2022
Purchase Amount: $8,100,000.00
Equity: $5,390,000.00
Cleveland Corners was purchased in June 2022 and is a 93,758 square foot multi-tenant neighborhood shopping center located in Cleveland, TN (Chattanooga MSA). Built in 1969, the property boasts a strong group of e-commerce resistant tenants, including several prominent national retailers (Big Lots, Tuesday Morning, Badcock Furniture and Dollar Tree). With a diverse tenant base and a desirable, high-traffic location, Cleveland Corners has a proven operating history and was 98% occupancied at closing.