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Anchored Multi-Tenant Retail Portfolio
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753 W Elk Ave, Elizabethton, TN 37643

For-sale Tennessee retail portfolio featuring two anchored multi-tenant investment properties, including an asset on W Elk Ave in Elizabethton.

Property SizeContact for details
Days on Market132

Property Features for 753 W Elk Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Matthews
Listed By: Pierce Mayson · License #GA 306418
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:52AM

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

Investment Insights

Based on property information with market context.

SRS Investment Properties Group, as exclusive broker, is offering an initial call for offers on a Tennessee retail portfolio with assumable debt. The portfolio consists of two anchored, multi-tenant investment properties: Cumberland Crossing and Elk Crossing.

Cumberland Crossing is located in LaFollette, within the Knoxville MSA, approximately 35 miles northwest of downtown Knoxville. Elk Crossing is located in Elizabethton, within the Johnson City MSA, with the subject address listed as 753 W Elk Ave, Elizabethton, TN 37643.

Offers are requested to include price, deposit, due diligence time, closing date, and source of funds or buyer resume.

Key Highlights

  • Tennessee retail portfolio with two anchored multi‑tenant investment properties: Cumberland Crossing and Elk Crossing
  • Cumberland Crossing is located in the Knoxville MSA, about 35 miles northwest of downtown Knoxville, TN
  • Elk Crossing includes an asset on W Elk Ave in Elizabethton, TN

Property Analytics

Current Use

Chick-fil-A Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby
463k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 23% Home Improvements & Furnishings 14% Shops & Services 11%
Walmart Superstores
92,690 visits/mo 0.5 miles
Chick-fil-A Dining
37,463 visits/mo 0.2 miles
Ingles Groceries
32,145 visits/mo 0.3 miles
Pal's Sudden Service Dining
30,302 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
30,079 visits/mo 0.2 miles

Demographics for 37643, TN

33,752
Population
16,344
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
131.1 sq mi
ZIP Area
257
Density / Sq Mi
$50,455
Median Household Income
$35,680
Median Earnings
$733
Median Rent
$156,200
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
Rey
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Similar Off Market Nearby

  • Elk Crossing Unnamed Road, Elizabethton, TN 37643
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  • The Village 102 Hudson Dr, Elizabethton, TN 37643
  • Coinstar Kiosk | Bitcoin ATM Ingles Supermarkets, 768 W Elk Ave, Elizabethton, TN 37643
  • West Towne Sq 101 Hudson Dr, Elizabethton, TN 37643

Frequently Asked Questions

What type of property is this?
Shopping center - For-sale Tennessee retail portfolio featuring two anchored multi-tenant investment properties, including an asset on W Elk Ave in Elizabethton.
Where is this shopping center located?
The property is located at 753 W Elk Ave Elizabethton, TN.
What are key features of this property?
This property features: Tennessee retail portfolio with two anchored multi‑tenant investment properties: Cumberland Crossing and Elk Crossing; Cumberland Crossing is located in the Knoxville MSA, about 35 miles northwest of downtown Knoxville, TN; Elk Crossing includes an asset on W Elk Ave in Elizabethton, TN
More about this property
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