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Property profile & analytics
FOR LEASE
Retail space

1802 Decatur Pike Athens, TN 37303

45,133 SF 34.3 ac lot Built 1990
Entity Owned 4-yr Hold Free & Clear
Property ID
US80-0983721
Property summary
AI-generated overview

Congress Crossing, located at 1802 Decatur Pike in Athens, Tennessee (zip code 37303), offers exceptional retail space in a thriving market. This multi-tenant property boasts a total of 174,021 square feet, with 3,166 square feet currently available for lease. The available space is divisible and can accommodate various retail concepts, ranging from approximately 3,166 to 4,800 square feet. The property enjoys a significant trade area, serving a population of nearly 190,000 people extending well beyond a 5-mile radius. This demonstrates strong consumer draw, with 90% of shoppers traveling more than 5 miles to reach this location, and nearly 50% traveling over 10 miles. This high level of consumer traffic indicates a robust and established retail environment. The property is situated in McMinn County and offers excellent visibility and accessibility. This presents a unique opportunity for businesses seeking a prominent location within a densely populated and loyal customer base. The property's size and flexible space options make it ideal for a variety of retail uses. Serious inquiries are encouraged to explore this exceptional retail investment opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 45,133 SF
Lot 34.3 ac (1,494,108 SF)
Zoning code B-2
APN 054056 12900
UPID US80-0983721
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bargain Hunt Discount Store
  • Congress Crossing Shopping Center & Mall
  • Deborah Condo Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Standard Insurance Company · 4 yrs held
Standard Insurance Company
since 2022
Last sale
$15.9M
7 recorded transactions
2022
Price N/A
2022
$15.9M
2018
Price N/A
2016
$11.4M
2010
Price N/A
2009
Price N/A
2005
$400,000
Zoning & alternative use
B-2 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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