Tullahoma Square Shopping Center

361 W. Lincoln St, , Tullahoma, TN 37388

  • For Sale $2,650,000
  • 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

Contacts

broker

Chris Kinnard

Lee & Associates Cincinnati

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Tullahoma, TN
  • Zip Code 37388

Points of Interest

  • Speedway

    0.62 miles

  • Sak N Pak

    8.21 miles

  • Short Springs State Natural Area Parking

    4.05 miles

  • AEDC MTB trail head

    7.27 miles

  • Spinelli's Pizza

    0.37 miles

  • Wendy's

    0.66 miles

  • Mulligan's Grill

    2.50 miles

  • Granny Fishes' House

    6.52 miles

  • Sample Family Resturant

    7.83 miles

  • Kroger

    2.24 miles

  • Aldi

    2.53 miles

  • Walmart Supercenter

    2.63 miles

Frequently Asked Questions

How much does Tullahoma Square Shopping Center cost?

The space currently listed for sale at Tullahoma Square Shopping Center asks for $2,650,000.

What is the total square footage of Tullahoma Square Shopping Center?

Tullahoma Square Shopping Center totals 59,595 square feet.

When was this property built?

Tullahoma Square Shopping Center was built in 1968.

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Contact Listing Broker

broker

Chris Kinnard

Lee & Associates Cincinnati