Listing Agency: NAI Tri Properties

Listed By: Matt Glenn · License #NC

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:14PM

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Investment Insights

Based on property information with market context.

This offering is a retail investment property listed for sale. The public remarks indicate a 5.00% cap rate and 2,811 SF.

The property is located at 247 E Main St in Hendersonville, Tennessee (37075).

Key Highlights

• Retail property for sale with a stated 5.00% cap rate
• Building size: 2,811 SF

Property Analytics

Property Profile

Current Use

Megan Moore Physician Jersey Mike's Subs Take-out & Catering Kennedy's Locksmithing Locksmith Hopebridge Autism Therapy ... Medical Clinic Williams Kay C Physician

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Hotel & Motel Locksmith Pet Store Garden Center

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

863

Businesses Nearby

Explore this area Business Placement

Demographics for 37075, TN

71,023

Population

29,600

Households

2.4

Avg Household Size

39

Median Age

42%

College-Educated

95%

High-School Grad

59.0 sq mi

ZIP Area

1,204

Density / Sq Mi

$97,597

Median Household Income

$50,323

Median Earnings

$1,552

Median Rent

$403,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with a stated 5.00% cap rate and 2,811 SF.

Where is this retail space located?

The property is located at 247 E Main St Hendersonville, TN.

What are key features of this property?

This property features: Retail property for sale with a stated 5.00% cap rate; Building size: 2,811 SF