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    1421 1St St Union City, TN 38261
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    Property profile & analytics

    1421 1St St Union City, TN 38261


    • Lifestyle centers
    • 83,995 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sears Appliance Repair / Home Appliance Store
    • G2The Gallery 2 / Discount Store

    Property Details for 1421 1St St

    Property size
    83,995 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Reelfoot Commons, a thriving shopping center, presents a unique investment opportunity. Strategically located at the signalized intersection of Reelfoot Avenue and First Street, this property boasts exceptional visibility and high traffic counts. The 83,995 square foot center houses a diverse mix of established tenants, including Dollar General, AutoZone, The Gallery Thrift Store, and Rent-A-Center, demonstrating strong market demand and long-term stability. Currently, there are six available retail spaces ranging from 1,200 to 4,342 square feet, providing flexibility for various business types. The center's 20 total suites and a current vacancy of 17,650 square feet offer significant potential for expansion and increased revenue. This property is ideal for investors seeking a well-established, high-visibility retail center with immediate income potential and opportunities for future growth. The existing tenant mix provides a strong foundation for continued success, and the available spaces offer the chance to further diversify the center's offerings and attract new businesses. The prime location and high traffic volume ensure consistent customer flow, making this a compelling investment opportunity in a vibrant retail market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Obion
    State
    Tennessee
    Longitude
    -89.0598
    Latitude
    36.4135
    More about this property
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