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Retail Investment with Long History
For Sale
$2,356,000

415 Broad St, Elizabethton, TN 37643

Retail investment offered for sale with 15+ years of strong operational history.

Property SizeContact for details
Days on Market81

Property Features for 415 Broad St

General Information

Standard status Active
Property subtype Commercial
Lease Term ± 15 Years
Net Operating Income $141,368

Additional Details

Cap Rate 6%
Listing Agency: Matthews
Listed By: Tanner Sanford · License #370826 (TN)
Source: Matthews
Added: Jun 16 Changed: Sep 3 Last Checked: Sep 4 at 2:01AM

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.

This for-sale retail investment property is presented with a noted 15+ years of strong operational history. The offering is listed at $2,356,000 and is described with a 6% CAP.

Located at 415 Broad Street in Elizabethton, Tennessee, the property is offered as a retail asset totaling 2,431 square feet.

Key Highlights

  • Retail investment building built in 1991
  • $2.3M offering price
  • Stated 6% CAP

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Dental Office Building Supply HVAC Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

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

730
Businesses Nearby
103k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 21% Beauty & Spa 1%
McDonald's Dining
34,044 visits/mo 0.2 miles
Wendy's Dining
16,341 visits/mo 0.1 miles
Taco John's Dining
11,518 visits/mo 0.2 miles
KFC Dining
8,004 visits/mo 0.3 miles
Hardee's Dining
6,808 visits/mo 0.3 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail investment offered for sale with 15+ years of strong operational history.
Where is this retail space located?
The property is located at 415 Broad St Elizabethton, TN.
What is the asking price?
The asking price for this property is $2,356,000.
What are key features of this property?
This property features: Retail investment building built in 1991; $2.3M offering price; Stated 6% CAP
More about this property
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