1200 Tennessee 28 2,628 SF Retail Building Jasper, TN 37347 $1,914,542 CAD ($728.52 CAD/SF)

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.