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4324 Hwy 66 S, Rogersville, TN, 37857

The Shops at Rogersville
$743,380

Key Information

Cap Rate
10%
$ per SF
$74
Tot. SF
10,013
Units
4
Year Built
2003
Type
Retail
Occupancy
100%
NOI
$74,338

Highlights

  • 100% Leased Investment Opportunity – Fully leased asset providing immediate, in-place income with no lease-up risk.
  • Long-Term Ground Lease | 22 Years Remaining – Approximately 22 years of remaining term, offering stable, predictable cash flow and reduced rollover risk.
  • Shadow-Anchored by Walmart – Positioned directly across from Walmart, benefiting from a major national retailer that drives consistent traffic and anchors the surrounding retail corridor.
  • Strong Traffic Exposure – Located along Highway 66 with ±15,000 vehicles per day, providing steady visibility and accessibility.
  • Established Retail Node in Rogersville – Situated in a primary commercial area serving the local community, with nearby national and regional retailers supporting long-term viability.
  • Stable Cash Flow with Existing Tenant – Income supported by an operating tenant already in place, ensuring continuity and ease of ownership.
  • Attractive Entry Point for Investors – Ideal for investors seeking a smaller, stable asset in a tertiary market with straightforward operations.
  • Long-Term Hold with Upside Potential – Opportunity to maintain consistent income while exploring future upside through lease renewal or repositioning.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 263667, 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203