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Multi-Tenant Shopping Center
New
For Sale
$2,710,000

500 Bon St Lenoir, Lenoir City, TN 37771

Fully leased retail property with seven tenants and access to established downtown and highway-oriented trade areas.

Property Size46,878 SF
Lot Size3.92 Acres
Price / SF$57.81
Days on Market2

Property Features for 500 Bon St Lenoir

General Information

Standard status Active
Size 46,878 SF
Class C
Lot size 3.92 Acres
Property subtype Strip Center
Occupancy 100%

Financials

Asking Price $2,700,000
Opportunity Zone Yes

Site & Location

Anchor Co-Tenants Dollar General
Highway Access Yes

Building Details

Building Size 46,878 SF
Year Built 1969
Tenancy Multi
Listing Agency: NAI Koella RM Moore
Listed By: Michael Moore · License #324982
Source: Thebrokerlist
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 4:26AM

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 NAI Koella RM Moore

Investment Insights

Based on property information with market context.

This multi-tenant shopping center contains 46,878 SF on a 3.92-acre lot and was built in 1969. The property is fully leased to seven tenants, including Dollar General, providing an established retail configuration within downtown Lenoir City. Three-street frontage extends along Bon Street, Grand Street, and Pike Street.

The center is located within a designated Opportunity Zone and provides access to I-75, US Highway 321, and US Highway 11. The surrounding area includes neighborhood retail, restaurants, service businesses, civic uses, and established residential areas. Walmart, Home Depot, Food City, Ingles, Aldi, Starbucks, Chick-fil-A, and other national retailers are located along the nearby Highway 321 retail corridor. The property also offers regional connectivity to Knoxville, Loudon County, and West Knoxville.

Key Highlights

  • 46,878 SF shopping center on a 3.92‑acre lot
  • Fully leased to 7 tenants, including Dollar General
  • Three‑street frontage on Bon Street, Grand Street, and Pike Street

Property Analytics

Current Use

La Mexicana Mexican ... Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Dental Office Bakery (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
Balanced
Demand for This Use

Demographics for 37771, TN

16,822
Population
7,573
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
50.1 sq mi
ZIP Area
336
Density / Sq Mi
$62,338
Median Household Income
$33,330
Median Earnings
$946
Median Rent
$236,700
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
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk - Bitcoin ATM Ingles Supermarkets, 404 US-321, Lenoir City, TN 37771
  • The Sparkly Pig 119 E Broadway St, Lenoir City, TN 37771

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail property with seven tenants and access to established downtown and highway-oriented trade areas.
Where is this shopping center located?
The property is located at 500 Bon St Lenoir Lenoir City, TN.
What is the asking price?
The asking price for this property is $2,710,000.
What are key features of this property?
This property features: 46,878 SF shopping center on a 3.92‑acre lot; Fully leased to 7 tenants, including Dollar General; Three‑street frontage on Bon Street, Grand Street, and Pike Street
More about this property
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