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Multi-Tenant Strip Center
For Sale
$679,900

405 S Armstrong, Rogersville, TN 37857

Four occupied tenant spaces and vacant area for a fifth business provide a multi-tenant configuration.

Property Size5,850 SF
Price / SF$116.22
Days on Market15

Property Features for 405 S Armstrong

General Information

Standard status Active
Size 5,850 SF
Property subtype Commercial

Building Details

Year Built 1989
Buildings 1
Tenancy Multi
Listing Agency: Property Executives Johnson City
Listed By: Kaley Franklin · License #340387
Source: Easttennesseelistings
Added: Oct 8 Changed: Oct 22 Last Checked: Oct 20 at 10:16PM

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 Property Executives Johnson City

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Investment Insights

Based on property information with market context.

This 5,850-square-foot strip mall in Rogersville was built in 1989. The 10-door commercial building currently has four tenants, with additional vacant space available for a fifth business. The property is located at 405 S Armstrong.

Key Highlights

  • 5,850 square feet of commercial space
  • 10‑door building with four current tenants
  • Vacant area available for a fifth business

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Locksmith Garden Center Storage Facility Barber Shop

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

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby
134k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 35%
McDonald's Dining
22,990 visits/mo 0.3 miles
Pal's Sudden Service Dining
21,952 visits/mo 0.3 miles
Murphy USA Shops & Services
15,998 visits/mo 0.4 miles
Taco Bell Dining
12,927 visits/mo 0.4 miles
Marathon Shops & Services
12,538 visits/mo 0.3 miles

Demographics for 37857, TN

21,026
Population
9,749
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
83%
High-School Grad
235.7 sq mi
ZIP Area
89
Density / Sq Mi
$51,383
Median Household Income
$35,453
Median Earnings
$650
Median Rent
$164,500
Median Home Value

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?
Strip mall - Four occupied tenant spaces and vacant area for a fifth business provide a multi-tenant configuration.
Where is this strip mall located?
The property is located at 405 S Armstrong Rogersville, TN.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 5,850 square feet of commercial space; 10‑door building with four current tenants; Vacant area available for a fifth business
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