Shops at Clover Ridge

The Shops at Clover Ridge is located at the intersection of Middlesettlements Road and Harvest Lane in a rapidly growing area of Alcoa, Tennessee. The property sits directly alongside new residential development, with 138 Clover Ridge homesites and 269 apartment units immediately surrounding the center, creating a built-in customer base within walking distance and a short drive. The Shops at Clover Ridge is also just minutes from Alcoa’s established retail corridor, including Walmart, Lowe’s, Hamilton Crossing, and Hunters Crossing, while Alcoa Highway provides excellent visibility and access with traffic counts of approximately 37,400 to 46,200 vehicles per day. The surrounding trade area offers a strong combination of population growth, household income, and daily activity. More than 41,000 residents and 54,500 daytime workers are located within three miles of the property, and the one-mile population has grown 20.8% since 2020. The area’s household incomes are growing approximately 3.0% annually, outpacing the state average, while the surrounding residential and employment base continues to support demand for retail and service-oriented businesses. Households within three miles generate approximately $461 million in annual retail and dining expenditures, including nearly $68 million in restaurant spending. With new homes and apartments at the property’s doorstep, a substantial daytime population, and convenient access to Alcoa’s major retail destinations, the Shops at Clover Ridge provides an opportunity for businesses to establish a presence in a growing area with strong daily traffic and an expanding customer base.PWA Properties is pleased to present Shops at Clover Ridge, a new-construction retail opportunity in a growing and value-minded Alcoa trade area. The approximately 10,554-square-foot building will feature six suites, with Suite 115 serving as a ± 2542-square-foot restaurant end cap with a patio. Suites 113–105 will consist of five individual retail bays, averaging 1,600 square feet with 25 feet of frontage, offering flexible spaces for retail, restaurant, and service-oriented tenants. The development will provide convenient access and strong visibility within the Clover Ridge community, with 138 homesites and 269 apartment units located directly at the property.