Listing Agency: SRS Real Estate Partners Newport Beach c***@gmail.com

Listed By: Calvin Short · License #01927216

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:58AM

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Investment Insights

Based on property information with market context.

This for-sale retail property is presented as a net-leased deal with Fastenal. The current leasing arrangement is structured as a net lease, with Fastenal as the tenant.

The property is located at 602 Congress Pkwy N in Athens, Tennessee. The offering materials also note below-market rent, as stated in the seller remarks.

Key Highlights

• Retail property net‑leased to Fastenal
• Seller notes below‑market rent

Property Analytics

Property Profile

Current Use

Fastenal Fulfillment Center Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Plumbing Service Pharmacy Bakery

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

221

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Enterprise Rent-A-Car Shops & Services

1,657 visits/mo 0.1 miles

Demographics for 37303, TN

25,894

Population

11,460

Households

2.3

Avg Household Size

42

Median Age

21%

College-Educated

86%

High-School Grad

148.9 sq mi

ZIP Area

174

Density / Sq Mi

$60,874

Median Household Income

$37,996

Median Earnings

$815

Median Rent

$196,800

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 is net-leased to Fastenal; seller notes below-market rent.

Where is this retail space located?

The property is located at 602 Congress Pkwy N Athens, TN.

What are key features of this property?

This property features: Retail property net‑leased to Fastenal; Seller notes below‑market rent