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500 S White St
Athens, TN 37303
Eastside Shopping Center · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Grocery-anchored retail center with Save-A-Lot as the lead tenant
- Positioned on 7.48 acres with excellent visibility and access to major roads
- Multi-tenant configuration with essential utilities and recent renovations
- Strong mix of local, regional, and national occupants ensuring income diversity
- Located in Athens, TN, a regional hub between Knoxville and Chattanooga
EXECUTIVE SUMMARY
Eastside Shopping Center offers a prime investment opportunity in the heart of Athens, Tennessee. This grocery-anchored retail center is anchored by Save-A-Lot and complemented by a strong mix of local, regional, and national tenants, creating a stable income stream in a thriving East Tennessee market. The property spans approximately 7.48 acres with a single-story building totaling 55,335 square feet, designed for multi-tenant occupancy. Originally built in 1966 and renovated in 1990, the center features framed construction and essential utilities, including water and sanitary sewer.
Strategically located near major thoroughfares and surrounded by established residential neighborhoods, Eastside Shopping Center benefits from consistent traffic and excellent visibility. Athens serves as a regional hub between Knoxville and Chattanooga, offering convenient access to Interstate 75 and a growing population base. The property’s positioning within McMinn County ensures strong demographic support and proximity to complementary retail, dining, and service businesses.
With an asking price of $3,500,000 and a proven tenant mix, this net-leased retail asset represents a compelling opportunity for investors seeking long-term stability and attractive returns in a dynamic market.
Strategically located near major thoroughfares and surrounded by established residential neighborhoods, Eastside Shopping Center benefits from consistent traffic and excellent visibility. Athens serves as a regional hub between Knoxville and Chattanooga, offering convenient access to Interstate 75 and a growing population base. The property’s positioning within McMinn County ensures strong demographic support and proximity to complementary retail, dining, and service businesses.
With an asking price of $3,500,000 and a proven tenant mix, this net-leased retail asset represents a compelling opportunity for investors seeking long-term stability and attractive returns in a dynamic market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
55,335 SF
Building Class
C
Year Built/Renovated
1966/1990
Price
$4,822,300 CAD
Price Per SF
$87.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
7.48 AC
Parking
359 Spaces (6.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 065-140.02 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,483,571 CAD |
PROPERTY TAXES
Parcel Number
065-140.02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,483,571 CAD
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