1317-1386 Tusculum Blvd - Retail FOR SALE
Greeneville, TN 37745 |
770-329-5065
1317-1386 Tusculum Blvd
Greeneville, TN 37745
HIGHLIGHTS
- Attractive national tenancy comprises over 90% of GLA, which is highlighted by credit anchors including Marshalls, Five Below, Hobby Lobby, Ross
- Synergistic retailer mix with phenomenal leasing momentum since the former Kmart was redeveloped in 2019, including the addition of consumer draws
- High performing restaurants on site generate significant sales of over $400 PSF, providing a high-quality mix of international dining options
- ±3% CAGR with a multifaceted upside opportunity via low anchor rents, mark-to-market shop opportunities, included national outparcels, and a 0.82± AC
- Ability to drive long-term NOI growth by realizing outsized mark-to-market potential at lease expirations
- Little Caesar’s recent 10-yr renewal nearly doubled its previous rent, moving to $40 PSF NNN
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Greeneville Commons
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
1078
LAND DETAILS
CROSS STREETS
US 11 E Bypass & Tusculum Blvd
LAND ACRES
15.57 AC
LAND SF
678,229 SF
ZONING
B4
APN/PARCEL ID
087N-B-017.00
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770-329-5065
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770-329-5065
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