Building Details

Building Size 47,304 SF

Tenancy Multiple

Spaces For Lease

at 515 W Main St Contact us

Available Space 2

Size

14,288 SF

Type

Retail

Lease Type

NNN

Availability

Active

Contact us

Listing Agency: Bang Realty b***@bangrealty.com Show Phone

Listed By: Brian Brockman · License #BRK.200900214

Source: Crexi

Added: Feb 23, 2024 Changed: Aug 8 Last Checked: Aug 10 at 1:58PM

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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

Property Profile

Current Use

Dollar Tree Discount Store Family Dollar Discount Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Bakery 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

64

Businesses Nearby

9k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar Tree Shops & Services

7,774 visits/mo 0.3 miles

Napa Auto Parts Shops & Services

758 visits/mo 0.4 miles

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

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 in Waverly, Tennessee, with excellent visibility.

Where is this retail space located?

The property is located at 515 W Main St 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.