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Retail Space in Waverly, TN

515 W Main Street, Waverly, TN 37185

For Lease
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Retail space in Waverly, Tennessee, with excellent visibility.

Space Size28,314 SF - 34,848 SF
Property Size47,304 SF
Days on Market234

Property Features for 515 W Main Street

General Information

Standard status Active
Size 28,314 SF - 34,848 SF
Property subtype VacantLand

Building Details

Building Size 47,304 SF
Units 1

Spaces For Lease

at 515 W Main Street Contact us

Outparcel #1 Immediate

Size 28,314 SF
Type VacantLand
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us

Outparcel #2 Immediate

Size 34,848 SF
Type VacantLand
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Carolina Commercial
Listed By: Mishelle Conti · License TN RB14044614
Source: Commercialcafe
Added: Mar 26 Changed: Nov 12 Last Checked: Nov 12 at 4:34AM

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 Carolina Commercial

Rey
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Investment Insights

Based on property information with market context.

Located in Waverly, Tennessee, in Humphreys County, this retail space is positioned in the center of retail, healthcare, and government services for Middle Tennessee. As the county seat, Waverly supports a trade area extending beyond the city limits. The area's economic drivers include manufacturing, public-sector employment, and regional healthcare services. Situated along West Main Street, the property offers visibility within the town's commercial corridor. With proximity to U.S. Route 70, connecting Waverly to Nashville and Memphis, the site benefits from access from regional markets. Ongoing development and improvements in the area highlight Waverly's growth potential, making this an ideal location for businesses seeking to establish a presence in an expanding community with a customer base.

Key Highlights

  • Excellent visibility on West Main Street in Waverly's established commercial corridor.
  • Easy access to regional markets via close proximity to U.S. Route 70 (connecting to Nashville and Memphis).
  • Located in Waverly, the retail, healthcare, and government services hub of Humphreys County.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dollar Tree Discount Store Family Dollar Discount Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Bakery Pharmacy Furniture & Home Goods Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 37185, TN

9,082
Population
4,853
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
224.5 sq mi
ZIP Area
40
Density / Sq Mi
$52,849
Median Household Income
$31,148
Median Earnings
$827
Median Rent
$182,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Retail space - Retail space in Waverly, Tennessee, with excellent visibility.
Where is this retail space located?
The property is located at 515 W Main Street Waverly, TN.
What are key features of this property?
This property features: Excellent visibility on West Main Street in Waverly's established commercial corridor.; Easy access to regional markets via close proximity to U.S. Route 70 (connecting to Nashville and Memphis).; Located in Waverly, the retail, healthcare, and government services hub of Humphreys County.
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