Multi-Tenant Neighborhood Shopping
515 West Main Street, Waverly, TN 37185
For Sale
Contact for pricing
Dollar Tree and O'Reilly Auto Parts occupy the center, with additional space available for lease.
Property Size47,304 SF
Lot Size7.99 Acres
Price / SF$45.31
Days on Market33
Property Features for 515 West Main Street
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Anchor Co-Tenants
Highway Access
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Franklin Street
Listed By:
Justin Sturdivant · License #TN 333989
(941) 504-4222
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 2:57PM
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 Franklin Street
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Investment Insights
Based on property information with market context.
Waverly Shopping Center is a multi-tenant retail property comprising 47,304 SF on approximately 7.99 acres. Occupancy is 69.80%, with 14,288 SF available for leasing. Existing national tenants include Dollar Tree and O'Reilly Auto Parts. O'Reilly recently signed a 10-year lease with four five-year renewal options and 10% increases at five-year intervals.
At 515 West Main Street in Waverly, the property fronts U.S. Highway 70 and is near a Walmart Supercenter and retailers including McDonald's, KFC, Taco Bell, Sonic, Subway, and Domino's. Humphreys County recorded $338.9 million in retail sales in 2024.
At 515 West Main Street in Waverly, the property fronts U.S. Highway 70 and is near a Walmart Supercenter and retailers including McDonald's, KFC, Taco Bell, Sonic, Subway, and Domino's. Humphreys County recorded $338.9 million in retail sales in 2024.
Key Highlights
- 47,304 SF multi‑tenant retail center on approximately 7.99 acres
- 69.80% occupied, with 14,288 SF available for lease
- Dollar Tree and O'Reilly Auto Parts are existing tenants
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
69.8%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Dollar Tree and O'Reilly Auto Parts occupy the center, with additional space available for lease.
Where is this shopping center located?
The property is located at 515 West Main Street Waverly, TN.
What is the asking price?
The asking price for this property is $2,143,365.
What are key features of this property?
This property features: 47,304 SF multi‑tenant retail center on approximately 7.99 acres; 69.80% occupied, with 14,288 SF available for lease; Dollar Tree and O'Reilly Auto Parts are existing tenants
