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Multi-Tenant Shopping Center
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15-27 W Norris Rd, Norris, TN 37828

Two commercial buildings contain occupied postal, café, and dental spaces alongside a larger retail suite.

Property Size11,489 SF
Lot Size0.84 Acres
Price / SF$113.15
Days on Market30

Property Features for 15-27 W Norris Rd

General Information

Standard status Active
Size 11,489 SF
Lot size 0.84 Acres
Property subtype RETAIL
Zoning C-1

Financials

Asking Price $1,250,000
Gross Income $48,200

Site & Location

Anchor Co-Tenants United States Postal Service, The Corner Spot
Utilities to Site Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Southland Realtors, Inc
Listed By: Azaan Kherani
Source: Moodyscre
Added: Sep 18 Changed: Oct 16 Last Checked: Oct 16 at 2:12PM

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 Southland Realtors, Inc

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Investment Insights

Based on property information with market context.

The shopping center comprises two commercial buildings totaling 11,489 square feet on a 0.84-acre parcel. Current occupants include the United States Postal Service, The Corner Spot café, and a dental practice. The postal space is 1,659 square feet with a lease through 2029 and renewal options extending through 2039. The café occupies approximately 1,784 square feet under a lease through 2030, while the 1,008-square-foot dental suite is leased through December 2026. A 5,624-square-foot retail suite is also part of the property. The site is level and includes paved parking and municipal water, sewer, natural gas, and electric service. FEMA designates the parcel as Flood Zone X.

Zoned C-1, the property permits general retail, grocery, specialty food hall, restaurant, medical or dental clinic, and professional office uses. Norris Elementary and Norris Middle School are each within 0.3 miles. Highway 441 and Interstate 75, Exit 122, are nearby, as are Norris Lake and Norris Dam State Park.

Key Highlights

  • 11,489 square feet across two commercial buildings on 0.84 acres
  • Occupied by the United States Postal Service, The Corner Spot café, and a dental practice
  • 5,624‑square‑foot retail suite within the center

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Auto Parts Store Big Box & Wholesale Store Garden Center

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 37828, TN

1,458
Population
791
Households
1.8
Avg Household Size
50
Median Age
56%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
456
Density / Sq Mi
$74,698
Median Household Income
$39,167
Median Earnings
$1,072
Median Rent
$307,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Anderson Crossing Shopping Center — 3310 Andersonville Hwy, Andersonville, TN 37705

Frequently Asked Questions

What type of property is this?
Shopping center - Two commercial buildings contain occupied postal, café, and dental spaces alongside a larger retail suite.
Where is this shopping center located?
The property is located at 15-27 W Norris Rd Norris, TN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 11,489 square feet across two commercial buildings on 0.84 acres; Occupied by the United States Postal Service, The Corner Spot café, and a dental practice; 5,624‑square‑foot retail suite within the center
(865) 924-4431 Call to check price and availability
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