Nine-Property Neighborhood Shopping Center
For Sale
Contact for pricing
2700 Lake Rd, Dyersburg, TN 38024
Sunbelt retail portfolio with national discount tenants, available space, and five separately purchasable out-parcels.
Property Size536,769 SF
Days on Market143
Property Features for 2700 Lake Rd
General Information
Standard status
Active
Size
536,769 SF
Property subtype
Retail
Occupancy
90%
Additional Details
Anchor Co-Tenants
Ollies, Burkes Outlet, Harbor Freight, Planet Fitness
Listing Agency:
The Dowd Companies
(770) 329-9330
Listed By:
Theresa Johnson · License #BK3261325
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:41PM
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 Dowd Companies
Investment Insights
Based on property information with market context.
This offering comprises nine neighborhood shopping centers totaling 536,769 SF across markets in Texas, Tennessee, Alabama, Mississippi, and Illinois. Combined occupancy is 90%, with 64,166 SF available for lease. The portfolio includes retail centers in Breckenridge and Center, Texas; Dyersburg, Tennessee; Haleyville and Hamilton, Alabama; Lucedale, Kosciusko, and Pearl, Mississippi; and Benton, Illinois.
Former JC Penny anchor space and four of five Stage Store anchor spaces have been re-leased to Ollies, Burkes Outlet, Harbor Freight, and Planet Fitness. The centers serve local retail nodes and provide access to major local thoroughfares. Three properties are located in federal opportunity zones. Five unencumbered out-parcels are also available for separate purchase, while CMBS financing is in place through late 2025 at a 5.22% interest rate.
Former JC Penny anchor space and four of five Stage Store anchor spaces have been re-leased to Ollies, Burkes Outlet, Harbor Freight, and Planet Fitness. The centers serve local retail nodes and provide access to major local thoroughfares. Three properties are located in federal opportunity zones. Five unencumbered out-parcels are also available for separate purchase, while CMBS financing is in place through late 2025 at a 5.22% interest rate.
Key Highlights
- Nine neighborhood shopping centers totaling 536,769 SF across nine Sunbelt markets
- Portfolio occupancy is 90%, with 64,166 SF available for lease
- Former JC Penny anchor space and 4 of 5 Stage Store spaces re‑leased
Property Analytics
Property Profile
Current Use
Lease Details
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
481k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Superstores 20%
Shops & Services 18%
Home Improvements & Furnishings 8%
Walmart
Superstores
84,764 visits/mo
0.2 miles
Chick-fil-A
Dining
50,593 visits/mo
0.4 miles
McDonald's
Dining
31,288 visits/mo
0.3 miles
Kroger
Groceries
31,012 visits/mo
0.2 miles
Murphy USA
Shops & Services
28,124 visits/mo
0.2 miles
Demographics for 38024, TN
26,518
Population
11,561
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
90%
High-School Grad
143.0 sq mi
ZIP Area
185
Density / Sq Mi
$54,303
Median Household Income
$37,220
Median Earnings
$757
Median Rent
$171,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Sunbelt retail portfolio with national discount tenants, available space, and five separately purchasable out-parcels.
Where is this shopping center located?
The property is located at 2700 Lake Rd Dyersburg, TN.
What are key features of this property?
This property features: Nine neighborhood shopping centers totaling 536,769 SF across nine Sunbelt markets; Portfolio occupancy is 90%, with 64,166 SF available for lease; Former JC Penny anchor space and 4 of 5 Stage Store spaces re‑leased
