Variety Square Shopping Center & Self Storage 206 E Reelfoot Ave 35,342 SF 100% Leased Retail Building Union City, TN 38261 For Sale

Variety Square Shopping Center & Self Storage presents an opportunity to acquire a stabilized mixed-use investment at 206 E. Reelfoot Avenue in Union City, Tennessee. The property combines retail, office, and self-storage components, creating multiple income streams supported by a diverse tenant base and broad market appeal. Reported occupancy of 92% and annual net operating income of $237,181 provide an established operating foundation for investors seeking in-place cash flow.
Positioned along a primary commercial corridor, the property benefits from approximately 20,000 vehicles per day and strong visibility within the local marketplace. The asset serves both regional and local service-oriented businesses, contributing to a durable tenant mix and consistent customer traffic. Stable market rents and low vacancy levels further support the property's income profile.
Union City's extended trade area enhances the property's reach beyond the immediate population base, helping attract customers and businesses from surrounding communities. Demographic indicators within a 10-mile radius include a population exceeding 21,900 residents and an average household income of $77,754, supporting ongoing commercial activity in the area.
The combination of diversified revenue sources, established occupancy, corridor visibility, and a long-standing commercial location positions Variety Square Shopping Center & Self Storage as an income-producing investment with multiple avenues for continued operation and tenant retention.