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Mixed-Use Commercial Center

27 W Norris Road, Norris, TN 37828

For Sale
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Two buildings combine leased retail and service space with a former grocery unit available for lease or owner occupancy.

Property Size11,489 SF
Lot Size0.84 Acres
Price / SF$112.28
Days on Market27

Property Features for 27 W Norris Road

General Information

Standard status Active
Size 11,489 SF
Lot size 0.84 Acres
Property subtype Retail

Site & Location

Anchor Co-Tenants USPS
Road Access Yes

Additional Details

Asking Price $1,300,000
Tenant in Place Yes
Medical Specialty dental

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Southland commercial Group
Listed By: Azaan Kherani · License TN #377887
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 5:56PM

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 commercial Group

Rey
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Investment Insights

Based on property information with market context.

The mixed-use property comprises two buildings totaling 11,489 SF on 0.84 acres. Its occupants include the USPS, leased through 2029 with renewal options extending through 2039; The Corner Spot café and retail hub, leased through 2030 with annual rent escalations; and a dental clinic. A 5,624 SF former grocery space is available for lease or owner occupancy.

At 27 W Norris Road, the property sits at the junction of W Norris Road and Norris Square. It has direct street frontage and paved parking, with schools, parks, and civic uses nearby.

Key Highlights

  • Two buildings totaling 11,489 SF on 0.84 acres
  • 5,624 SF former grocery space available for lease or owner occupancy
  • USPS lease runs through 2029, with renewal options through 2039

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Startup J Daniel ... Dental Office Archer’s Food Center Grocery & Convenience Store

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
Paved road access

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine leased retail and service space with a former grocery unit available for lease or owner occupancy.
Where is this mixed-use property located?
The property is located at 27 W Norris Road Norris, TN.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Two buildings totaling 11,489 SF on 0.84 acres; 5,624 SF former grocery space available for lease or owner occupancy; USPS lease runs through 2029, with renewal options through 2039
(865) 924-4431 Call to check price and availability
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