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Reelfoot Shopping Center 1403 S 1st St 1,200 - 12,350 SF of Retail Space Available in Union City, TN 38261
HIGHLIGHTS
- Busy shopping center in high traffic area.
- Diverse tenant mix including Dollar General and AutoZone.
- Sits at the corner of Reelfoot Avenue and First Street.
- Excellent Visibility.
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1423 | 4,550 SF | Negotiable | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $50,811 CAD/YR $4,234 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1425 | 2,000 SF | Negotiable | $10.47 CAD/SF/YR $0.87 CAD/SF/MO $20,939 CAD/YR $1,745 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1427 | 1,200 SF | Negotiable | $10.47 CAD/SF/YR $0.87 CAD/SF/MO $12,563 CAD/YR $1,047 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1439 | 3,000 SF | Negotiable | $10.47 CAD/SF/YR $0.87 CAD/SF/MO $31,408 CAD/YR $2,617 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1600 | 1,600 SF | Negotiable | $8.38 CAD/SF/YR $0.70 CAD/SF/MO $13,401 CAD/YR $1,117 CAD/MO | Triple Net (NNN) |
1403 S 1st St - 1st Floor - Ste 1423
Space built out for professional office use.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
1403 S 1st St - 1st Floor - Ste 1425
Former Pawn Shop.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1403 S 1st St - 1st Floor - Ste 1427
Former tax preparation office.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1403 S 1st St - 1st Floor - Ste 1439
Former bridal shop.
- Lease rate does not include utilities, property expenses or building services
1403 S 1st St - 1st Floor - Ste 1600
Former hair salon.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT REELFOOT SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AutoZone
- Automotive
- 7,126
- International
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- Gallery Showroom
- Other Retail
- 1
- Local
- J & B Beauty Supply
- Health & Beauty Aids
- 1
- Local
- OneMain Financial
- Finance Company
- 2,294
- International
- Rent-A-Center
- Rental Shop
- 3,245
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AutoZone | Automotive | 7,126 | International |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| Gallery Showroom | Other Retail | 1 | Local |
| J & B Beauty Supply | Health & Beauty Aids | 1 | Local |
| OneMain Financial | Finance Company | 2,294 | International |
| Rent-A-Center | Rental Shop | 3,245 | International |
PROPERTY FACTS
| Total Space Available | 12,350 SF | Gross Leasable Area | 110,561 SF |
| Center Type | Neighborhood Center | Total Land Area | 10.63 AC |
| Stores | 20 | Year Built | 1967 |
| Center Properties | 1 | Cross Streets | Reelfoot Ave & 1st St |
| Total Space Available | 12,350 SF |
| Center Type | Neighborhood Center |
| Stores | 20 |
| Center Properties | 1 |
| Gross Leasable Area | 110,561 SF |
| Total Land Area | 10.63 AC |
| Year Built | 1967 |
| Cross Streets | Reelfoot Ave & 1st St |
ABOUT THE PROPERTY
Reelfoot Shopping Center is a busy shopping center in high traffic area. The center sits at the corner of Reelfoot Avenue and First Street. There is a diverse tenant mix including Dollar General, AutoZone, The Gallery Thrift Store and Rent a Center.? It has excellent visibility from both Reelfoot Avenue and First Street.?
NEARBY MAJOR RETAILERS
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Reelfoot Shopping Center | 1403 S 1st St
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