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32028970
32028971

4324 Highway 66 South, Rogersville, TN 37857

TS
TN TN 370826
Matthews
CC
381637
Matthews
CS
TN 361676, TX 693140
Matthews
Listed by Matthews
$743,380
52 days on market
Updated 25 days ago

The Shops at Rogersville

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 10,013
Cap Rate 10.00%
NOI $74,338
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 1.9
Class B
Year Built 2003
Parking Spaces spaces
Ground Lease No
Sale Condition N/A

Retail | 10% Cap Rate | $743,380

Investment 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.

Listing Contacts

TS
TN TN 370826
Matthews
CC
381637
Matthews
CS
TN 361676, TX 693140
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,338.00
$6,194.83/mo

Valuation Metrics

0
DSCR
10%
Cap Rate
10%
ROI

Map

Zoning

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B-4 CommercialSpecial CommercialArterial Business
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Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Hutt Cooke
License
263667, 356505 (TN)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End, Ste. 1500 Nashville, TN 37203
Name
Tanner Sanford
License
TN 370826
Brokerage Phone
8654190016
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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