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Retail Space in Strip Center
New
For Lease
$3,500/Mo

361 E Economy Road, Morristown, TN 37814

Commercial Lease, Morristown, TN

Space Size2,100 SF
Lot Size1.28 Acres
Days on Market5

Property Features for 361 E Economy Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning IB
Zoning description Property is Zoned IB
Directions Located in the Morristown Plaza Shopping Center along with National Fitness Center and Home Depot
Standard status Active
APN 033N A 00103 000
Lot size 1.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13405

Utilities

Heating system Central
Cooling system Central Air

Amenities

storefront visibility
signage opportunity

Building Details

Year built 1988
Floors in Building 1
Building materials Brick Veneer
Listing Agency: LeBel Commercial Realty
Listed By: Paul M. LeBel · License #258082
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 19 at 1:06AM
MLS# 713025

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,100 SF retail space is located within an established strip center at 361 E Economy Road in Morristown. The suite offers a flexible commercial layout that can accommodate retail, office, professional service, or specialty business operations. Central heating and central air conditioning support year-round interior comfort, while brick veneer construction dates to 1988.

The property is next door to The Home Depot and National Fitness Center, placing the space among established retail and commercial businesses. Customers have access to on-site parking, and the storefront provides visibility with an opportunity for signage. The property carries IB zoning and occupies a 1.28-acre site.

Key Highlights

  • 2,100 SF retail space in an established strip center
  • Next door to The Home Depot and National Fitness Center
  • IB zoning on a 1.28‑acre property

Property Analytics

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Current Use

WW (Weight Watchers) Weight Loss Service Citizens Savings & Loan Loan Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Kitchen & Bath Showroom Electrical Service

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby

Demographics for 37814, TN

34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile commercial suite with central HVAC, on-site parking, and storefront signage opportunity.
Where is this retail space located?
The property is located at 361 E Economy Road Morristown, TN.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 2,100 SF retail space in an established strip center; Next door to The Home Depot and National Fitness Center; IB zoning on a 1.28‑acre property
More about this property
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