Commercial Real Estate in Tennessee available for sale
NNN Properties For Sale

NNN Properties for Sale in Tennessee, USA

More details for 500 E Broadway Blvd, Jefferson City, TN - Retail for Sale

500 E Broadway Blvd

Jefferson City, TN 37760

  • NNN Property
  • Retail for Sale
  • $4,056,709 CAD
  • 950 SF
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More details for 8070 Stage Rd, Memphis, TN - Retail for Sale

Wolfchase Shops - 8070 Stage Rd

Memphis, TN 38133

  • NNN Property
  • Retail for Sale
  • $4,152,210 CAD
  • 8,100 SF
  • Restaurant

Memphis Retail for Sale - Northeast

Prime Retail Location | Exceptional Demographics Wolfchase Shops is strategically positioned at the signalized intersection of Highway 64 (Stage Road) and Germantown Parkway—one of the busiest retail corridors in Bartlett, a suburb of Memphis, TN—with combined traffic counts reaching 80,000 vehicles per day. The property sits directly across from the Wolfchase Galleria Mall, home to over 130 national retailers. Nearby major anchors include Sam’s Club, Walmart, Lowe’s, Target, and Home Depot. The surrounding area boasts strong demographics, with over 160,000 residents and an average household income of over $106,000 within a 5-mile radius. Attractive Lease Terms | Strong Retail Performance The property benefits from favorable lease structures with current rents at or below market levels, providing future upside through strong scheduled rental increases and re-tenanting opportunities. Mattress Firm continues to demonstrate strong in-store sales, approaching its percentage rent threshold in recent years. Subway recently renewed for a 10 year term with 3% annual rental increases. T-Mobile is still in its primary term and includes strong 5 year renewals with significant rental increases National Tenant Lineup | NNN Leases The center is anchored by nationally recognized tenants Mattress Firm, T-Mobile, and Subway, ensuring steady foot traffic and brand-driven consumer appeal. T-Mobile most recently signed a new 10-year lease and fully renovated its space as part of a strategic relocation from a nearby site. All leases are triple-net (NNN), with tenants reimbursing the landlord for operating expenses on a monthly basis. Strong Memphis MSA Fundamentals Located just 17 miles from Downtown Memphis, the property benefits from its proximity to one of the South’s most dynamic metropolitan areas. Memphis, with a city population of over 650,000 and a metro population exceeding 1.3 million, serves as a regional economic hub for Tennessee, Mississippi, and Arkansas.

Contact:

ben + burka

Property Subtype:

Storefront

Date on Market:

2025-07-29

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More details for 2412 W State St, Bristol, TN - Retail for Sale

Walgreens - 2412 W State St

Bristol, TN 37620

  • NNN Property
  • Retail for Sale
  • $5,301,841 CAD
  • 13,824 SF

Bristol Retail for Sale - Sullivan County

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Kingsport MSA in Bristol, Tennessee. Walgreens has successfully operated at this location since 1999 and recently extended the lease through August 2035. The lease features 5% rental escalations every five years throughout the remaining term and twelve 5-year renewal options. Additionally, the lease is absolute triple net and features zero landlord responsibilities. The 14,969-square-foot building is located at the signalized intersection of West State Street and Highway 11, which together see over 25,800 vehicles per day. It is also easily accessible from Interstate 81, which carries 46,000 vehicles daily. The property is within walking distance of the Hard Rock Hotel & Casino—the only casino within a 100+ mile radius—offering strong regional draw. Nearby national retailers include Kroger, Verizon, McDonald’s, Dollar Tree, Toyota, Hyundai, Goodwill, Sonic, and more. The surrounding area is home to over 50,000 residents within a five-mile radius, with an average household income exceeding $72,000. Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,100 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.

Contact:

The Boulder Group

Property Subtype:

Drug Store

Date on Market:

2025-07-28

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More details for 1181 Dolly Parton Pky, Sevierville, TN - Retail for Sale

Fast Pace Health - 1181 Dolly Parton Pky

Sevierville, TN 37862

  • NNN Property
  • Retail for Sale
  • $5,345,278 CAD
  • 3,711 SF
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More details for 6680 Lee Hwy, Chattanooga, TN - Office for Sale

Fast Pace Health - 6680 Lee Hwy

Chattanooga, TN 37421

  • NNN Property
  • Office for Sale
  • $5,364,655 CAD
  • 3,706 SF
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More details for 2474 Boyds Creek Hwy, Sevierville, TN - Retail for Sale

Dollar General - 2474 Boyds Creek Hwy

Sevierville, TN 37876

  • NNN Property
  • Retail for Sale
  • $1,970,478 CAD
  • 9,014 SF
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More details for 6923 Middle Valley Rd, Hixson, TN - Retail for Sale

6923 Middle Valley Rd

Hixson, TN 37343

  • NNN Property
  • Retail for Sale
  • $968,849 CAD
  • 8,640 SF

Hixson Retail for Sale - Outlying Hamilton County

Exclusive NNN Dollar General Investment – Hixson, TN Herman Walldorf Commercial presents a rare opportunity to acquire a single-tenant, net-leased Dollar General at 6923 Middle Valley Road in Hixson, TN. This asset features a corporate-guaranteed lease, offering stable, passive income backed by one of the nation’s leading discount retailers. Ideal for investors seeking reliable cash flow and minimal management. Property Specs: 8,725 square feet 2.15 acres Adjacent space is home to a new United Grocery Outlet, opened Spring 2024 Zoned C-2 Store Specs: Well-established Dollar General Store operating for 20+ years DG recently exercised a 5-year renewal that commenced in March of 2024 with 7% increases in rent and CAM. Tenant reimburses Landlord for property taxes and insurance Annual Rent: $46,365.24 Annual CAM: $7,384.20 DG has one additional option to renew for another 5-year period in 2029 with a 7% increase in rent and CAM. Tenant CAM payments exceed actual expenses; no reconciliation required, with overages retained by landlord as additional rental income. Recent Improvements: New 20-year roof in 2019 New exterior paint in 2020 New ceiling tiles throughout interior in 2020 Both HVAC units rebuilt in 2020 and 2021 Parking Lot resurfaced and paved in 2021 Proximity: Circle K Gas station and two small strip centers immediately adjacent to the the property Hixson High School approximately 2 miles south of the property Countless national retailers just 3.5 miles away in the Northgate Mall area Downtown Chattanooga only a 20 minute drive from the site Highways 153 and 27 are within 5 miles Approximately 14,000 vehicles per day on Middle Valley Road The subject investment property is on Middle Valley Rd in Hixson, Tennessee. There are more than 45,000 residents residing within a 3-mile radius of the property and more than 95,000 individuals residing within a 5-mile radius. The average household income is $81,000 within a 3-mile radius. This Dollar General benefits from being well-positioned near several residential neighborhoods whose residents use the Middle Valley corridor to travel to and from work, shopping, medical appointments, or other errands, and pass the store on their way to another grocery/convenience/general store. Major national tenants in the immediate area and just a few miles southwest of the property in the Northgate Mall market are countless and help to drive traffic to this area. The mall itself is home to 54 stores and attracts just under 6,000,000 annual visitors. Hixson High School is just 2 miles south of the property and has just under 1,000 students grades 9-12 enrolled. Valleybrook Golf Course is 1.5 miles south of the property and is currently undergoing a huge transformation to offer more amenities to members and guests alike. Hixson, Tennessee is an unincorporated community and neighborhood in the city of Chattanooga, Tennessee. It is a northern suburb of Chattanooga that has experienced tremendous growth over the last decade with many new restaurants, retailers, businesses, offices and shopping centers developed in the area. Nestled among Chattanooga, the Tennessee River, Chickamauga Lake, and Walden’s Ridge, Hixson offers residents and guests many attractions including the Chickamauga Dam, Greenway Farms park, North Chickamauga Creek Conservancy and Chester Frost Park. The nearby Volkswagen Plant employs more than 5,000 employees. Chattanooga is home to some of the state’s largest employers including Tennessee Valley Authority (TVA), BlueCross BlueShield of Tennessee, McKee Foods Corporation, Unum, CIGNA Healthcare, and Volkswagen Chattanooga. The Chattanooga market is billed as a top destination for outdoor activities and has twice been named the “Best Town Ever” by Outside Magazine. Downtown Chattanooga is just a 20 minute drive from the subject property

Contact:

Herman Walldorf Commercial, Inc.

Property Subtype:

Freestanding

Date on Market:

2025-07-03

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More details for 421 N Broadway, Portland, TN - Office for Sale

421 N Broadway

Portland, TN 37148

  • NNN Property
  • Office for Sale
  • $1,660,884 CAD
  • 5,000 SF
  • Air Conditioning
  • Reception
  • Wheelchair Accessible

Portland Office for Sale - Rivergate/Hendersonville

421 N Broadway offers a rare opportunity to acquire a fully stabilized, income-producing medical investment in the heart of Portland, Tennessee—one of Middle Tennessee’s fastest-growing communities. The ±0.82-acre parcel includes a ±5,000 SF medical office building and a ±938 SF tenant-occupied residential home, delivering diversified income across three tenants and two asset types. At closing, the property will be secured by a new 5-year NNN leaseback with Firefly Health ($5,000/month) through December 31st, 2031, and an existing lease with NuLife Physical Therapy ($1,700/month MG) through September 30, 2029, alongside a residential lease at $1,000/month. Combined, the asset generates $92,400 in annual rental income with an NOI of approximately $80,900, supporting a strong 6.7% cap rate with minimal landlord obligations. Investment strategy: There is an assumable loan on this property of around $570,000 amortized over 20 years at a 6% interest rate, with a 10 year balloon and around 8.5 years remaining. With just over 50% down, one can assume the note and purchase the property with no bank involvement. Originally built in 1948 and updated for modern healthcare operations, the medical office is well-maintained with established tenancy and immediate in-place cash flow. The property is located just 45 minutes north of Nashville in rapidly growing Sumner County, an area experiencing sustained demand for both healthcare and housing. This is an ideal investment for buyers seeking durable medical tenancy, minimal management, and long-term upside in a high-growth Middle Tennessee market.

Contact:

Compass

Property Subtype:

Medical

Date on Market:

2025-06-23

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More details for 2973 S Church St, Murfreesboro, TN - Retail for Sale

Chase Bank - 2973 S Church St

Murfreesboro, TN 37127

  • NNN Property
  • Retail for Sale
  • $6,181,257 CAD
  • 4,135 SF
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More details for 4210 N Roan St, Johnson City, TN - Retail for Sale

8.65 Cap Tax Free State Walgreens - 4210 N Roan St

Johnson City, TN 37601

  • NNN Property
  • Retail for Sale
  • $5,472,277 CAD
  • 14,820 SF

Johnson City Retail for Sale

Colliers is pleased to present a premier retail investment opportunity located at 4210 N. Roan Street, Johnson City, Tennessee. This property represents a dominant drugstore asset with over 8.5 years of firm lease term remaining, perfectly positioned to thrive in a rapidly growing trade area. Situated on a signalized hard corner at the intersection of N. Roan Street and Carroll Creek Road, this 14,820 SF single-tenant retail building commands a strategic presence in North Johnson City’s bustling retail corridor. The surrounding area is a vibrant hub of activity, featuring major retailers such as Food City, Dollar General, Hardee’s, O’Reilly Auto Parts, and McDonald’s, ensuring consistent consumer traffic and long term viability. The property sits on a generous 2.04-acre lot, offering a modern design with a convenient drive-thru and 55 parking spaces (3.73/1,000 SF ratio). Built in 2008, this Class B asset boasts 161 feet of frontage along Carroll Creek Road, enhancing accessibility and visibility. The absolute NNN lease structure, with zero landlord responsibilities, delivers a hands-off investment with an annual rent of $342,000, providing stability and ease of ownership. Located in a state with no income tax, this opportunity is further enhanced by Tennessee’s favorable tax climate. With its proximity to major retail centers like Walmart, Target, and Johnson City Crossings, and supported by a growing population and a robust local economy driven by East Tennessee State University and the “Med-Tech” corridor, this property is poised to remain a cornerstone of the community for years to come.

Contact:

Colliers

Property Subtype:

Drug Store

Date on Market:

2023-06-23

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More details for 2519 Broad Ave, Memphis, TN - Retail for Sale

INVESTMENT OPPORTUNITY - 2519 Broad Ave

Memphis, TN 38112

  • NNN Property
  • Retail for Sale
  • $1,384,070 CAD
  • 4,553 SF
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More details for 3913 Brainerd Rd, Chattanooga, TN - Retail for Sale

Belvoir Plaza - 3913 Brainerd Rd

Chattanooga, TN 37411

  • NNN Property
  • Retail for Sale
  • $1,792,371 CAD
  • 7,400 SF
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More details for 325 Fairchild St, Harriman, TN - Industrial for Sale

8.59% Cap AT&T Absolute NNN - 325 Fairchild St

Harriman, TN 37748

  • NNN Property
  • Industrial for Sale
  • $483,040 CAD
  • 1,504 SF
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More details for 4283 Raleigh Millington Rd, Memphis, TN - Office for Sale

Dove Family Dental - 4283 Raleigh Millington Rd

Memphis, TN 38128

  • NNN Property
  • Office for Sale
  • $1,727,319 CAD
  • 3,224 SF
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More details for 1309 Briarville Rd, Madison, TN - Office for Sale

1309 Briarville Rd

Madison, TN 37115

  • NNN Property
  • Office for Sale
  • $3,736,989 CAD
  • 13,711 SF
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More details for 1208 Congress Pky, Athens, TN - Office for Sale

Parachute Plasma - 1208 Congress Pky

Athens, TN 37303

  • NNN Property
  • Office for Sale
  • $7,203,207 CAD
  • 6,532 SF
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More details for 8454 New Wilkinsville Rd, Millington, TN - Retail for Sale

RaceTrac | 7+yrs Remain Corp Abs NNN - 8454 New Wilkinsville Rd

Millington, TN 38053

  • NNN Property
  • Retail for Sale
  • $4,420,720 CAD
  • 4,005 SF
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More details for 903 New Highway 68, Sweetwater, TN - Retail for Sale

Wendy's - 903 New Highway 68

Sweetwater, TN 37874

  • NNN Property
  • Retail for Sale
  • $3,523,087 CAD
  • 2,243 SF

Sweetwater Retail for Sale

Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger Restaurant located at 903 New Highway 68 in Sweetwater, Tennessee. Sweetwater is a city in Monroe and McMinn Counties with a population of 6,312. Sweetwater is the home of Craighead Caverns which contains the Lost Sea, the largest underground lake in the United States. In 2022, TravelMag named Sweetwater one of Tennessee’s Ten Most Charming Cities. Sweetwater is centered along U.S. Route 11 between its junction with State Route 68 and State Route 322. On January 15, 2022, Red Stag Fulfillment announced plans to develop a 420-ace commerce distribution center along I-75 which is estimated to provide 3,500 jobs and annual tax revenue of $1.9 million to the city of Sweetwater. Nearby colleges and universities include Cleveland State Community College with 3,573 enrolled students, Tennessee Wesleyan University with 1,103 enrolled students and Roane State Community College with 5,636 enrolled students. Also located nearby the property is Athens Regional Medical Center with 118 beds serving the community and Starr Regional Medical Center with 278 beds. Numerous apartment complexes surround this Wendy’s Restaurant including Sequoyah Trail Apartments, West Hills Apartments, Dogwood Trace II Apartments, Cross Creek Apartments, Monroe Ridge Apartments, Apartments 1, Ridgeview Apartments, Crestview Apartments, New Adventure Apartments, Mountain View Apartments, Ridgeway Apartments, and Island Grove Apartments. Wendy’s is an international fast food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. The Wendy’s Company (NASDAQ:WEN) is the world’s third largest quick service hamburger company (following Burger King and McDonald’s). It includes more than 6,500 franchise and company restaurants in the United States and in 29 other countries and U.S. Territories worldwide. (5,457 restaurants are franchised and 77 percent of them are located in North America). It’s annual sales volume is over $2.06+ Billion.

Contact:

Marcus & Millichap

Property Subtype:

Bank

Date on Market:

2023-11-30

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More details for 806 Nissan Dr, Smyrna, TN - Retail for Sale

Walgreens - 806 Nissan Dr

Smyrna, TN 37167

  • NNN Property
  • Retail for Sale
  • $7,404,775 CAD
  • 14,550 SF

Smyrna Retail for Sale - Rutherford County

Long Term Commitment: Absolute NNN lease structure with over 9 years remaining and 12, 5 year options to extend. Zero Landlord Responsibilities: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. Walmart Outparcel: Strategically positioned as an outparcel to a high-performing Walmart Supercenter in Smyrna, the property benefits from exceptional visibility, direct access, and placement within a dominant retail corridor. The immediate area is surrounded by nationally recognized retailers including McDonald’s, Arby’s, Dutch Bros, and Popeyes, driving consistent consumer traffic and supporting long-term tenant demand. Affluent Surrounding Demographics: The property is located within a strong and established trade area, with average household incomes exceeding $108,000 within a 10-mile radius—supporting a high-spending consumer base and driving sustained tenant performance. Well-Positioned Hard Corner Location: Situated at a signalized hard corner along Nissan Drive, the property benefits from exceptional visibility, dual access points, and strong traffic exposure with over 45,300+ vehicles per day. Thriving Nashville MSA Growth: Located within the rapidly expanding Nashville metropolitan statistical area, the property benefits from strong population growth, robust job creation, and continued corporate relocation activity—driving long-term real estate appreciation. Proximity to Nissan Smyrna Plant: The property is located adjacent to the Nissan Smyrna Vehicle Assembly Plant—one of the largest automotive manufacturing facilities in the United States—employing approximately 8,000+ workers.

Contact:

Stream Capital Partners

Property Subtype:

Drug Store

Date on Market:

2026-03-26

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More details for 1052 Debolt Ln, Centerville, TN - Industrial for Sale

CALL FOR OFFERS -10 Year NNN- Ind/Flex - 1052 Debolt Ln

Centerville, TN 37033

  • NNN Property
  • Industrial for Sale
  • $2,207,592 CAD
  • 7,800 SF
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