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Retail Space
For Sale
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Pending

508 Ruritan Rd, Harriman, TN 37748

Retail space offered in a sale transaction.

Property Size20,000 SF
Days on Market142

Property Features for 508 Ruritan Rd

General Information

Standard status Pending
Size 20,000 SF
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: Wallace Nelson Real Estate
Listed By: David Hill · License #TN
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:26PM

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 Wallace Nelson Real Estate

Investment Insights

Based on property information with market context.

This retail property at 508 Ruritan Rd in Harriman, Tennessee, offers 20,000 SF of commercial space. The property is being offered for sale and is associated with a 6.50% CAP.

Key Highlights

  • 20,000 SF of retail space
  • 6.50% CAP
  • Located at 508 Ruritan Rd, Harriman, TN 37748

Property Analytics

Current Use

United Grocery Outlet Grocery & Convenience Store

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Dental Office Building Supply Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Groceries 29% Electronics 4%
Dollar General Market Groceries
11,672 visits/mo 0.3 miles
Dollar Tree Shops & Services
10,738 visits/mo 0.3 miles
Exxon Shops & Services
6,485 visits/mo 0.4 miles
Citgo Shops & Services
4,808 visits/mo 0.2 miles
AutoZone Shops & Services
3,123 visits/mo 0.3 miles

Demographics for 37748, TN

17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space offered in a sale transaction.
Where is this retail space located?
The property is located at 508 Ruritan Rd Harriman, TN.
What are key features of this property?
This property features: 20,000 SF of retail space; 6.50% CAP; Located at 508 Ruritan Rd, Harriman, TN 37748
More about this property
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