740 Everett St - Retail FOR SALE


Tiptonville, TN 38079
$1 USD
617-699-0128
740 Everett St, Tiptonville, TN for Sale
$1 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

740 Everett St
Tiptonville, TN 38079


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Grocery & Family Dollar Adjacent 2,340 SF Retail | AUCTION JUNE 22-24
  • 2,340 SF Retail Suite Situated on 0.31-Acres within Regional Retail Center anchored by Family Dollar and Shadow Anchored by Food Rite
  • Direct Access to TN-78 with 3,188 VPD Traffic Counts in Strong Commercial Corridor | 1-Mi from Church St (TN-21) with 3,112 VPD
  • Nearby National Retailers: Family Dollar, Food Rite, Dollar General Market, Sonic, Subway, Dairy Queen
  • Attractive Demographics with 5-Mile Population of 4,589 Individuals with Average Household Income of ±$52,958
  • Absolute $1 Auction - NO RESERVE

OVERVIEW

Marcus & Millichap is pleased to present a vacant, retail building located at 740 Everett Street in Tiptonville, TN (the “Property”). The vacant property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! The Property consists of a single story, retail building containing approximately ±2,340 square feet on a ±0.31-acre parcel. The site benefits from access and visibility from Everett Street and sits one block from TN-78 with traffic counts of 3,188 vehicles per day. Zoned GC (General Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Disclaimer: The Seller does not have a survey – zoning, building size, parcel size and outline obtained from Lake County and CoStar. Tiptonville, Tennessee is a Northwest Tennessee submarket along the Missouri border that serves as the governmental and commercial center of Lake County, offering investors exposure to a niche market shaped by tourism, agriculture, and public-sector employment. The town is best known for its proximity to Reelfoot Lake, a major regional recreation draw that helps support visitor traffic and service-oriented commercial demand, while the broader county is also leveraging long-term industrial and logistics infrastructure through the Port of Cates Landing and related development initiatives. The Property is located ±100 miles north of Memphis and 198 miles west of Nashville. Retail activity is further supported by strong nearby national and local retailers including Family Dollar, Food Rite, Dollar General Market, Sonic, Subway, Dairy Queen, and many others. The Property is located within a commercial corridor and benefits from compelling demographic with ±4,589 individuals with an average annual household income of ±$52,958 within a five-mile radius.

FOR SALE DETAILS

PRICE

$1 USD

PRICE/SF

$0.00043 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - Family Dollar Adjacent 2,340 SF

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

-

APN/PARCEL ID

029L-F-020.03

ASK ABOUT THIS PROPERTY

Kyle HynesMarcus & MillichapMore Info
617-699-0128

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Kyle HynesMarcus & MillichapMore Info
617-699-0128

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