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Shopping Center with Road Signage
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1040 Wayne Road, Savannah, TN 38372

Multi-tenant retail property less than a mile from Walmart Supercenter and Lowe’s.

Space Size11,000 SF
Property Size106,522 SF
Days on Market243

Property Features for 1040 Wayne Road

General Information

Standard status Active
Size 11,000 SF
Property subtype Street Retail

Building Details

Building Size 106,522 SF

Spaces For Lease

at 1040 Wayne Road
11000
Size 11,000 SF
Lease Type NNN
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Listing Agency: ARC Commercial Real Estate
Listed By: Walter Kelley
Source: Thebrokerlist
Added: Feb 18 Changed: Oct 15 Last Checked: Oct 19 at 3:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARC Commercial Real Estate

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Investment Insights

Based on property information with market context.

This shopping center is a multi-tenant retail property with existing occupancy that includes Dollar General, H&R Block, and other tenants. The property is scheduled for repainting, restriping, and repositioning, with signage along Wayne Road supporting its commercial presence.

The center is located less than a mile from Walmart Supercenter and Lowe’s. Wayne Road records a traffic count of 18,000+ vehicles daily, while Savannah is served by US Route 64 and Tennessee State Route 69. The property is located at 1070 Wayne Road in Savannah, Tennessee.

Key Highlights

  • Less than a mile from Walmart Supercenter and Lowe’s
  • 18,000+ daily traffic count along Wayne Road
  • Existing tenants include Dollar General and H&R Block

Property Analytics

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Current Use

Harbor Freight Tools Building Supply Fresh Start Coffee Cafe & Coffee Shop Lips & More by ... Cosmetic Store

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby
63k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Apparel 25% Groceries 11% Shops & Services 10%
McDonald's Dining
27,132 visits/mo 0.1 miles
Bealls Apparel
14,030 visits/mo 0.2 miles
Save-A-Lot Groceries
7,207 visits/mo 0.3 miles
Hardee's Dining
6,067 visits/mo 0.1 miles
AutoZone Shops & Services
3,286 visits/mo 0.3 miles

Demographics for 38372, TN

17,939
Population
8,696
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
86%
High-School Grad
308.2 sq mi
ZIP Area
58
Density / Sq Mi
$51,250
Median Household Income
$34,274
Median Earnings
$759
Median Rent
$153,600
Median Home Value
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Watson Shopping Center — 245 Wayne Rd #265, Savannah, TN 38372

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property less than a mile from Walmart Supercenter and Lowe’s.
Where is this shopping center located?
The property is located at 1040 Wayne Road Savannah, TN.
What are key features of this property?
This property features: Less than a mile from Walmart Supercenter and Lowe’s; 18,000+ daily traffic count along Wayne Road; Existing tenants include Dollar General and H&R Block
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