Retail Space
615 Asheville Highway Greeneville, TN 37743
Details & Description
Price: $2,150,000
    Marcus & Millichap are pleased to be listing the Greeneville West Shopping Center. This grocery-anchored center is located in Greeneville, Tennessee.
    Property Highlights
     Grocery Anchor and Dollar Tree Recently Signed Lease Extensions Showing Strong Commitment to the Center
     40 Percent Median Household Income Growth Since 2000 with Over 10 Percent Growth Projected by 2025
    Listing Agents
    Joel Dumes

    O: 513-878-7720
    joel.dumes@marcusmillichap.com
    Stan Falk
    Marcus & Millichap
    O: 513-878-7721
    stanton.falk@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    615 Asheville Highway

    Greeneville, TN 37743

    Greeneville West

    Listing ID: 275979
    • 615 Asheville Highway Greeneville, TN 37743 | for Sale | Photo 1
    • 615 Asheville Highway Greeneville, TN 37743 | for Sale | Photo 2
    • 615 Asheville Highway Greeneville, TN 37743 | for Sale | Photo 3
    615 Asheville Highway | for Sale | Thumbnail 1
    615 Asheville Highway | for Sale | Thumbnail 2
    615 Asheville Highway | for Sale | Thumbnail 3
    Building Size: 6,000 SF
    Lot Size: 11.500 AC
    Land Size: 500,940 SF
    Building $/SF: $358.33
    Land $/SF: $4.29
    Price
    $2,150,000
    Property Highlights
    55,450-Square Foot Grocery Anchored Shopping Center Greeneville, TN
    Grocery Anchor has Over Five-Years Remaining 35-Years of Historical Occupancy
    Grocery Anchor and Dollar Tree Recently Signed Lease Extensions Showing Strong Commitment to the Center
    6,000 Square Feet or Roughly 11 Percent of Realizable Vacancy Upside
    Majority NNN Leases Low Rent-Per-Square Foot Average $6.34SF Base
    Mix of Internet-Resistant Tenants Strong Historical Occupancy
    Multiple Points of IngressEgress, Great Signage and Visibility and Ample Parking
    40 Percent Median Household Income Growth Since 2000 with Over 10 Percent Growth Projected by 2025
    Description

    Marcus & Millichap are pleased to be listing the Greeneville West Shopping Center. This grocery-anchored center is located in Greeneville, Tennessee.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Asheville History of Retail Space for Sale

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    Greeneville Area Market Trends

    Listing Demographics for 615 Asheville Highway Greeneville, TN 37743

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,96114,20625,565
    Population Median Age424343
    Population by Age0-9 Yrs157 (8%)1194 (8%)2325 (9%)
    10-19 Yrs283 (14%)1816 (12%)3283 (12%)
    20-29 Yrs213 (10%)1754 (12%)3013 (11%)
    30-39 Yrs251 (12%)1639 (11%)2884 (11%)
    40-49 Yrs307 (15%)1854 (13%)3274 (12%)
    50-59 Yrs247 (12%)2085 (14%)3584 (14%)
    60-69 Yrs173 (8%)1608 (11%)3302 (12%)
    70+ Yrs331 (16%)2256 (15%)3900 (15%)
    Median HH Income$39,097$39,394$40,150
    Total Household Income< 24K209 (26%)1680 (30%)3089 (29%)
    25-49K232 (29%)1583 (28%)3007 (28%)
    50-74K121 (15%)1079 (19%)1935 (18%)
    75-99K93 (11%)496 (8%)894 (8%)
    100-199K94 (12%)569 (10%)1112 (10%)
    200K+33 (4%)158 (2%)340 (3%)
    Highest Education LevelNo Diploma19115812752
    Diploma or GED46438007040
    Some College35723223979
    Assoc. Degree59476991
    Bachelors Degree21514272556
    Higher Degree1196551264
    Total Housing Units9236,63612,176
    --Owner-Occupied5643,5686,768
    --Renter-Occupied2171,9973,610
    Owner-Occupied Values< 100K18414502650
    100-199K27315572847
    200-299K46278630
    300-399K49164368
    400-499K036107
    500K+1183166
    Total Working Age Population1,61911,79421,185
    In Work Force8665,95510,905
    Not In Work Force7535,83810,280
    Workforce Employed8455,71410,432
    Workforce Unemployed21226457
    Civlian Workforce8665,93910,889
    Military Workforce01616
    Total Households7815,56510,377
    Family Households5003,3886,437
    Non-Family Households2812,1773,940
    Married Couple3752,2084,369
    Other Family1251,1802,069
    Married w/Child1467251,269
    Single Male w/Child13115264
    Single Female w/Child62359756

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Tennessee5,689,283+126,346,105+96,886,369+77,393,069
    Cocke County33,565+635,662+136,026+136,532
    Greene County62,909+968,831+169,515+170,472

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 615 Asheville Highway in Greeneville?
    The asking price for 615 Asheville Highway is $2,150,000
    What is the building size of this Retail property in Greeneville, TN?
    The size of the building/unit at 615 Asheville Highway in Greeneville is 6,000 square feet
    How much land does the Greeneville, TN property at 615 Asheville Highway include?
    615 Asheville Highway in Greeneville includes 11.500 acres of land
    What kind of Retail is the propery at 615 Asheville Highway?
    The property at 615 Asheville Highway Greeneville, TN 37743 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 615 Asheville Highway in Greeneville?
    The population within 1 mile of 615 Asheville Highway Greeneville, TN 37743 is 1,961 people.
    Who do I contact for questions about 615 Asheville Highway?
    You should contact the listing agent, Joel Dumes, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Tri-Cities Regional TN/VA Airport (TRI) 33
    Asheville Regional Airport (AVL) 52
    McGhee Tyson Airport (TYS) 68