401 Wilson AvenueTullahoma, Tennessee

17,450 SF Total

COMMERCIAL REAL ESTATE & PROPERTY MANAGEMENT

Sharon Greaves, CCIM615-928-1939 (direct)

615-585-3004 (cell)sgreaves@stantongroupinc.com

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2 The Stanton Group | 401 Wilson Avenue

EXECUTIVE SUMMARY

The Stanton Group, Inc. is pleased to present the Merchants at Cokers building. This property includes a 14,000 square-foot 2-story brick main building along with a detached single-story building with 1,450 square feet of flex space and 2,000 square feet of warehouse space.

The main building was originally known as The Old Coca-Cola Bottling Plant and sits approximately 50 feet from the edge of Wilson Avenue. It was built in 1941 and in 2004 was renamed The Shoppes at Cokers. In 2011 the name was eventually changed to the Merchants at Cokers, as it remains today. The main building includes a co-op of several locally owned retailers ranging from souvenir shops to specialty boutiques, home décor, and hair salons. The second floor includes a mix of office space and the local radio station 93.9 The Duck. Unique characteristics of the building include two side windows decorated with aluminum six-ounce Coca-Cola bottles, the front door has an aluminum Coca-Cola decorative push handle, and there is a Coca-Cola sign on top of the building.

For Tullahoma, this building represents one of the last remaining structures built with the 1930’s art-deco style architecture. The Merchant at Cokers building was featured in the city’s Christmas Tours in December of 2002, in Southern Living magazine in 2006, and on the Tennessee Crossroads television show in 2007. Of special significance is that the Coca-Cola Bottling Plant is eligible for listing in the National Register of Historic Places for its local significance in social history, specifically during World War II, and for its architectural contribution to the surrounding area.

The city of Tullahoma was founded in 1852 as a railroad town and is centered approximately 65 miles from 3 major metropolitan cities, Nashville and Chattanooga in Tennessee and Huntsville in Alabama. The Tullahoma Micropolitan Statistical Area (MCSA) consisting of Coffee, Franklin, and Moore counties is the second largest MCSA in Tennessee with a population of 100,710. Motlow State Community College is also located in Tullahoma, which is a 187-acre site donated by the Motlow family of Lynchburg, Tennessee, and the college has expanded with campuses in McMinnville, Fayetteville, and Smyrna. The city of Tullahoma is a diverse, well-educated cosmopolitan community with small town values located in the heart of southern middle Tennessee and is the hub for aviation, medical, retail, and entertainment.

PROPERTY PROFILE

Address 401 Wilson Avenue Tullahoma, TN 37388

Building Size Built in 1941 2-Story Brick Building 14,000 SF Single-Story Flex Space 1,450 SF Built in 1953 Single-Story Warehouse 2,000 SF

Site Area 1.3 Acres

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3 The Stanton Group | 401 Wilson Avenue

PROPERTY HIGHLIGHTSProperty Layout Retail/Flex/Warehouse

Main Building: • 1930’s Art Deco style of architecture with original exterior architectural features • Majority of interior features still intact from 1940’s construction • Continuous poured concrete foundation designed to support a third floor • One-foot thick solid brick exterior walls • Large picture windows surrounding north and east sides of original bottling room • Front facade with a pair of sandstone columns and decorative sandstone facade above second- floor window with original Coca- Cola aluminum sign • Original aluminum front door entrance with a decorative Coca-Cola push handle • Two side windows decorated with aluminum 6-ounce Coca-Cola bottles • Two copper art-deco style lights located on front columns of the building • Two bathrooms located in the front portion of building tiled to match foyer and bottling rooms • Walk-in vault in main office • Terrazzo marble floors in front third of building

Flex Space: • Three units (two units leased to a hair salon and one unit leased to a gelato company) • One roll-up door • Two restrooms

Warehouse: • Four roll-up doors • Currently used by a contractor

First Floor

Second Floor Roof

Rear Elevation Right Elevation

Main Building

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4 The Stanton Group | 401 Wilson Avenue

Nashville 75 MilesChattanooga 79 MilesMufreesboro 46 MilesManchester 13 MilesHuntsville 60 Miles

Information contained herein regarding the property was obtained from sources we consider reliable. No warranty or representation, express or implied, is made as to the accuracy. Same is submitted subject to errors, omissions, prior sale or lease, withdrawal from the market or changes in price.

THE PROPERTY

Nashville

Chattanooga

401 Wilson Avenue

LOCATED APPROXIMATELY 65 MILES FROM 3 MAJOR METROPOLITAN CITIES

Murfreesboro

Manchester

Huntsville

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