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1700 W. Reelfoot Ave., Union City, TN 38261
For Sale

Sale Price $3,000,000
65,930 Sq Ft
Steve Horrell
D 615.760.3217
C 615.400.5763
shorrell@horrellcompany.com
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Property Overview
Sale Price$3,000,000
Property TypeRetail
Property Sub-type Strip Center
Property UseInvestment Property
Building Size 65,930 Sq Ft
APN/Parcel ID 059 014.01
County Obion
Area West Tennessee
Year Built 1988
Construction Status Existing
Occupancy 100%
Anchor Tenant VF Outlet, Inc., JC Penney, Goody's, Lowe's, Walmart
Attributes
  • Investment Property
  • Population: Obion County Over 85,000/Union City Approx. 11,000
  • I-69 North-South Interstate in Development through Union City
  • Closest Retail Centers: 60 Miles to Paducah, KY or Jackson, TN
  • Cap Rate: 7.6%
  • NOI: $230,000
  • Daily Traffic Count: 34,270
  • (2) 8' x 8' Dock-High Loading Doors
  • (1) 8' x 10' Drive In Door
  • Fully Occupied: VF Outlet, Inc. & Bargain Hunt
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