High-Visibility Retail
For Sale
$349,000
16435 Rankin Ave, Dunlap, TN 37327
Retail storefront in Dunlap with strong traffic exposure near Walmart and convenient access.
Property Size2,400 SF
Price / SF$145.42
Days on Market112
Property Features for 16435 Rankin Ave
General Information
Standard status
Active
Size
2,400 SF
Listing Agency:
The Real Estate Collective
(248) 881-0779
Listed By:
Alma Mendez
(248) 881-0779
Source:
Exprealty
Added: Apr 15
Changed: Jul 10
Last Checked: Jul 31 at 6:55PM
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 The Real Estate Collective
Investment Insights
Based on property information with market context.
This for-sale retail property includes approximately 2,400 square feet designed for storefront-style occupancy. The space is positioned to support a range of retail or service business uses, with the overall layout intended to serve customer traffic at street level.
Located in Dunlap at 16435 Rankin Ave, the property is described as being in a high-visibility area with consistent traffic flow. It is also noted as being just minutes from Walmart, supporting convenient accessibility for shoppers and visitors.
The property is well-suited for an owner-user seeking a retail presence in a busy, easy-to-reach setting, or for an investor looking to add a storefront asset to a portfolio. Consider this offering if your business would benefit from retail-ready space and proximity to a major retail anchor.
Located in Dunlap at 16435 Rankin Ave, the property is described as being in a high-visibility area with consistent traffic flow. It is also noted as being just minutes from Walmart, supporting convenient accessibility for shoppers and visitors.
The property is well-suited for an owner-user seeking a retail presence in a busy, easy-to-reach setting, or for an investor looking to add a storefront asset to a portfolio. Consider this offering if your business would benefit from retail-ready space and proximity to a major retail anchor.
Key Highlights
- Approximately 2,400 sq ft retail storefront in Dunlap
- Located near Walmart, providing convenient access for customers
- Strong traffic exposure and accessibility with consistent traffic flow
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $12.00 |
| − Vacancy | −$2.3k | −$0.96 |
| EGI | $26.5k | $11.04 |
| − OpEx | −$7.9k | −$3.31 |
| NOI | $18.5k | $7.73 |
2,400 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$265.0K
$231.8K – $309.1K
NOI $18,547 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K
NOI $37,104 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Home Improvements & Furnishings 26%
Apparel 15%
Elder's Ace Hardware-Dunlap
Home Improvements & Furnishings
6,422 visits/mo
0.4 miles
Dollar General
Shops & Services
6,119 visits/mo
0.5 miles
Goodwill
Apparel
3,772 visits/mo
0.4 miles
AutoZone
Shops & Services
3,178 visits/mo
0.2 miles
Tri-County Bank
Shops & Services
2,651 visits/mo
0.3 miles
Demographics for 37327, TN
12,412
Population
5,319
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
81%
High-School Grad
191.4 sq mi
ZIP Area
65
Density / Sq Mi
$51,862
Median Household Income
$28,990
Median Earnings
$843
Median Rent
$217,600
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?
Retail space - Retail storefront in Dunlap with strong traffic exposure near Walmart and convenient access.
Where is this retail space located?
The property is located at 16435 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 2,400 sq ft retail storefront in Dunlap; Located near Walmart, providing convenient access for customers; Strong traffic exposure and accessibility with consistent traffic flow
