1448 Decatur Pike Athens, TN 37303

This 111,142 SF retail center is anchored by ALDI and located in Athens, TN, within the Knoxville and Chattanooga MSAs. The property benefits from 86% credit tenancy and a 19-year average tenant tenure, indicating stability and long-term success. The center is the dominant retail location in the Athens MSA, attracting 1.6 million annual visits with a year-over-year growth of +14%. The tenant mix includes e-commerce resistant businesses such as Goodwill, 7 Brew, H&R Block, Little Caesars, and OneMain Financial. Key tenants demonstrate exceptional performance, with several ranking in the top percentages nationally. A significant portion of the center, 80% of the GLA, is leased below market rates, with average in-place rents at $10.68 PSF compared to market rents of $14.40 PSF. The property is positioned on a signalized corner at the crossroads of Decatur Pike and Lee Highway, with a combined traffic volume of 35,000 vehicles per day, and offers immediate access to I-75 with 46,000 VPD. It is situated within Athens’ dominant retail corridor, surrounded by national retailers such as Walmart, Lowe’s, Hobby Lobby, Marshalls, Harbor Freight, Dollar Tree, and PetSense. The location benefits from major employment drivers, including DENSO Manufacturing, Mayfield Dairy Farms, Starr Regional Medical Center, and McMinn County Schools, as well as Tennessee Wesleyan University and regional events.