Listing Agency: Matthews

Listed By: Josh Bishop · License #TX 688810

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:45PM

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Investment Insights

Based on property information with market context.

This offering is a retail property for sale, marketed with a reported 6,450 SF size and a 5.45% cap rate. The property is positioned as a retail asset suitable for investors evaluating current income potential.

The address for the property is 11060 Hwy 51 S in Atoka, TN 38004.

Additional details on the building configuration, condition, frontage, tenant status, or specific improvements were not provided in the available information.

Key Highlights

• Retail property offered for sale with 6,450 SF
• Reported 5.45% cap rate

Property Analytics

Property Profile

Current Use

AUTOZONE 2082 Auto Parts Store

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Law Firm Kitchen & Bath Showroom Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

374

Businesses Nearby

127k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 63% Shops & Services 36% Hotels & Casinos 1%

McDonald's Dining

24,508 visits/mo 0.2 miles

SONIC Drive In Dining

17,437 visits/mo 0.1 miles

Wendy's Dining

17,191 visits/mo 0.2 miles

BP Shops & Services

9,929 visits/mo 0.2 miles

Dollar General Shops & Services

7,864 visits/mo 0.2 miles

Demographics for 38004, TN

11,561

Population

4,398

Households

2.6

Avg Household Size

38

Median Age

29%

College-Educated

96%

High-School Grad

27.3 sq mi

ZIP Area

423

Density / Sq Mi

$90,451

Median Household Income

$52,707

Median Earnings

$1,282

Median Rent

$283,200

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with reported 6,450 SF and a 5.45% cap rate.

Where is this retail space located?

The property is located at 11060 Hwy 51 S Atoka, TN.

What are key features of this property?

This property features: Retail property offered for sale with 6,450 SF; Reported 5.45% cap rate