Grocery Outparcel Retail
For Sale
$876,000
150 River Rd, Decatur, TN 37322
Grocery outparcel retail offering includes an existing tenant with remarks citing a 21% rent increase.
Property Size9,180 SF
Days on Market47
Property Features for 150 River Rd
General Information
Standard status
Active
Size
9,180 SF
Property subtype
Commercial
Lease Term
± 1 Years
Net Operating Income
$69,951
Building Details
Building Size
9,180 SF
Year Built
2006
Listing Agency:
Matthews Real Estate Investment Services - Corporate
(615) 263-2333
Listed By:
Jackson Baynham · License #385801 (TN)
(615) 263-2333
Source:
Matthews
Added: Jul 15
Changed: Aug 23
Last Checked: Aug 30 at 12:54PM
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 Matthews Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
This for-sale grocery and convenience retail outparcel includes approximately 9,180 square feet of retail space. The property is positioned as an outparcel within a broader retail setting, offering a straightforward retail configuration for an end-user or investor seeking an income-producing retail asset.
According to the provided remarks, the property reflects a stated 21% rent increase. The asset is located at 150 River Rd in Decatur, Tennessee, within the Chattanooga MSA.
Interested parties should review the rent and lease details referenced in the remarks and confirm all operating and occupancy information as part of their due diligence.
According to the provided remarks, the property reflects a stated 21% rent increase. The asset is located at 150 River Rd in Decatur, Tennessee, within the Chattanooga MSA.
Interested parties should review the rent and lease details referenced in the remarks and confirm all operating and occupancy information as part of their due diligence.
Key Highlights
- Grocery outparcel retail offering with an existing tenant
- Tenant remarks cite a 21% rent increase
- Year built: 2006
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37322, TN
8,855
Population
3,749
Households
2.4
Avg Household Size
45
Median Age
11%
College-Educated
80%
High-School Grad
134.8 sq mi
ZIP Area
66
Density / Sq Mi
$53,965
Median Household Income
$31,549
Median Earnings
$821
Median Rent
$184,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Grocery outparcel retail offering includes an existing tenant with remarks citing a 21% rent increase.
Where is this grocery and convenience store located?
The property is located at 150 River Rd Decatur, TN.
What is the asking price?
The asking price for this property is $876,000.
What are key features of this property?
This property features: Grocery outparcel retail offering with an existing tenant; Tenant remarks cite a 21% rent increase; Year built: 2006
