237 S Main St, Clinton, TN
Retail property featuring 98 parking spaces in high-traffic area.
- Added:
- Aug 5, 2025
- Days on Market:
- 310
- Last Refresh:
- May 20 at 8:24 pm
Property Features for 237 S Main St
General Information
- Standard status
- Active
- Size
- 13,650 SF
- Lot size
- 1.84 Acres
- Property subtype
- RETAIL
Listing agent Chris Vasbinder, CCIM (704) 927-2881
Listing office New South Properties of the Carolinas (704) 927-2881
Listing date Aug 5, 2025
Source Moodyscre
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 New South Properties of the Carolinas
HighLights
- High traffic corner sees 20,557 cars per day at intersection
- Features 98 parking spaces
- Tennessee has no state income tax
- Year Built: 2003
- Tenant may terminate every five (5) years as of 5/31/2028, with at least twelve (12) months prior written notice
- LED 4/30/2078
Overview
Local 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 | $294.8k | $21.60 |
| − Vacancy | −$14.7k | −$1.08 |
| EGI | $280.1k | $20.52 |
| − OpEx | −$84.0k | −$6.16 |
| NOI | $196.1k | $14.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.132
- Latitude
- 36.1021
