Tullahoma Square Shopping Center

For Sale

361 W. Lincoln St, , Tullahoma, TN 37388

This Tullahoma property for sale is located at 361 W. Lincoln St, . The current listed sale price for Tullahoma Square Shopping Center is $2,650,000. Tullahoma Square Shopping Center is situated on a lot that is 6.7 acre in size.

Contacts

broker

Chris Kinnard

Lee & Associates Cincinnati

Property Details

  • Property Type Retail - Street Retail
  • Property Size 59,595 SF
  • Units 5
  • Lot Size 6.7 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1968
  • Year Renovated 2016
  • Date Updated Sep 20, 2024
59,595-Square Foot County Seat Shopping Center Priced Below Replacement Cost | Roof Under Warranty | Over $1M in Improvements ’16-’21 Shadowed by Food Lion | Signalized Intersection | Adjacent to Arnold Air Force Base Room For Rent Growth | Income Tax Free State | Recent PCA, ESA, & Survey Conducted 10 + Years of Weighted Average OccupancyLee & Associates is pleased to exclusively bring to market the Tullahoma Square Shopping Center in the rapidly growing city of Tullahoma, Tennessee. Strategically located between Nashville & Chattanooga Tennessee, Tullahoma is ranked the #1 "Micropolitan" city in the state. The nearly 60,000 SF center is in the shadow of the Food Lion anchored "Tullahoma Plaza". The two properties have large parking lots adjacent to one another. This Shopping Center has easy access from a high-traffic intersection & is in close proximity to Arnold Air Force Base & University of Tennessee Space Institute.

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Highlights

  • $45 per Square Foot
  • 4 of 5 Tenants on NNN Lease + MGMT/Admin
  • Placer.ai Rankings: Ollie’s Since 2014 (1/1 in 50 miles),
  • Placer.ai Rankings: Badcock 2017 (196/716 in TN),
  • Excellent Tenant Longevity: H&R 1991, Miracle Ear 1992
  • Ollie’s is the Only Tenant with Options | Low Rents $4.85/SF AVG + NNNs
  • Miracle Ear & Alt Dimensions Have 3% Annual Rent Increases | H&R Bumps in 2025

Getting around

  • 55/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tullahoma, TN
  • Zip Code 37388

Points of Interest

  • Speedway

    0.62 miles

  • Short Springs State Natural Area Parking

    4.05 miles

  • AEDC MTB trail head

    7.27 miles

  • One 22 West

    0.31 miles

  • Spinelli's Pizza

    0.37 miles

  • Emil's

    0.56 miles

  • Wendy's

    0.66 miles

  • Hwy55

    1.45 miles

  • Jimmy John's

    1.57 miles

  • KFC

    1.72 miles

  • Buffalo Wild Wings

    1.76 miles

  • Burger King

    1.77 miles

  • Chick-fil-A

    1.79 miles

  • JCPenney

    1.50 miles

  • Burkes Outlet

    1.52 miles

  • Marshalls

    1.57 miles

  • Publix

    1.68 miles

  • Big Lots

    1.98 miles

  • Kroger

    2.24 miles

  • ALDI

    2.53 miles

  • Walmart Supercenter

    2.63 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Chris Kinnard

Lee & Associates Cincinnati