500 S White St - Retail FOR SALE


Athens, TN 37303
$3,500,000 USD
865-740-7471
500 S White St, Athens, TN for Sale
$3,500,000 USD
Retail - FOR SALE
1/17
null | Request Cap Rate

500 S White St
Athens, TN 37303


HIGHLIGHTS

  • Grocery-anchored retail center with Save-A-Lot as the lead tenant
  • Strong mix of local, regional, and national occupants ensuring income diversity
  • Positioned on 7.48 acres with excellent visibility and access to major roads
  • Located in Athens, TN, a regional hub between Knoxville and Chattanooga
  • Multi-tenant configuration with essential utilities and recent renovations

OVERVIEW

Eastside Shopping Center offers a prime investment opportunity in the heart of Athens, Tennessee. This grocery-anchored retail center is anchored by Save-A-Lot and complemented by a strong mix of local, regional, and national tenants, creating a stable income stream in a thriving East Tennessee market. The property spans approximately 7.48 acres with a single-story building totaling 55,335 square feet, designed for multi-tenant occupancy. Originally built in 1966 and renovated in 1990, the center features framed construction and essential utilities, including water and sanitary sewer. Strategically located near major thoroughfares and surrounded by established residential neighborhoods, Eastside Shopping Center benefits from consistent traffic and excellent visibility. Athens serves as a regional hub between Knoxville and Chattanooga, offering convenient access to Interstate 75 and a growing population base. The property’s positioning within McMinn County ensures strong demographic support and proximity to complementary retail, dining, and service businesses. With an asking price of $3,500,000 and a proven tenant mix, this net-leased retail asset represents a compelling opportunity for investors seeking long-term stability and attractive returns in a dynamic market.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastside Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

359

LAND DETAILS

LAND ACRES

7.48 AC

LAND SF

325,829 SF

ZONING

-

APN/PARCEL ID

065-140.02

ASK ABOUT THIS PROPERTY

Mike FullerMike Fuller Realty & CoMore Info
865-740-7471

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Mike FullerMike Fuller Realty & CoMore Info
865-740-7471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.