Leased Office
For Sale
Contact for pricing
624 E Reelfoot Ave, Union City, TN 38261
Office building with an ATA lease guarantee and a 10-year sale-leaseback to be executed at closing.
Property SizeContact for details
Days on Market124
Property Features for 624 E Reelfoot Ave
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Buchanan Realty Group
(731) 300-3071
Listed By:
Stan Clampitt · License #TN 352651
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 12:57PM
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 Buchanan Realty Group
Investment Insights
Based on property information with market context.
This leased office building is offered for sale either as part of a portfolio containing seven additional properties or as a standalone acquisition. The property is subject to an ATA lease guarantee, with a sale-leaseback structured for a 10-year term to be signed at closing.
The current tenant, Alexander Thompson Arnold (ATA), is described as a long-term business advisor with more than 15 locations across four states: Tennessee, Arkansas, Kentucky, and Mississippi. ATA provides financial planning expertise and wealth management, among other services, and is identified as an IPA Top 200 regional accounting firm. The company is also described as an alliance member of BDO USA LLP, a top five global accounting firm.
The address for this offering is 624 E Reelfoot Ave, Union City, TN 38261.
The current tenant, Alexander Thompson Arnold (ATA), is described as a long-term business advisor with more than 15 locations across four states: Tennessee, Arkansas, Kentucky, and Mississippi. ATA provides financial planning expertise and wealth management, among other services, and is identified as an IPA Top 200 regional accounting firm. The company is also described as an alliance member of BDO USA LLP, a top five global accounting firm.
The address for this offering is 624 E Reelfoot Ave, Union City, TN 38261.
Key Highlights
- Office building with an ATA lease guarantee
- 10‑year sale‑leaseback to be executed at closing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
Demographics for 38261, TN
16,627
Population
7,178
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
176.9 sq mi
ZIP Area
94
Density / Sq Mi
$52,884
Median Household Income
$34,343
Median Earnings
$759
Median Rent
$141,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building with an ATA lease guarantee and a 10-year sale-leaseback to be executed at closing.
Where is this office building located?
The property is located at 624 E Reelfoot Ave Union City, TN.
What are key features of this property?
This property features: Office building with an ATA lease guarantee; 10‑year sale‑leaseback to be executed at closing
