1421 1St StUnion City, TN 38261

Property Details for 1421 1St St

Property size (Sq ft)

83,995 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Reelfoot Commons, a thriving shopping center, presents a unique investment opportunity. Strategically located at the signalized intersection of Reelfoot Avenue and First Street, this property boasts exceptional visibility and high traffic counts. The 83,995 square foot center houses a diverse mix of established tenants, including Dollar General, AutoZone, The Gallery Thrift Store, and Rent-A-Center, demonstrating strong market demand and long-term stability. Currently, there are six available retail spaces ranging from 1,200 to 4,342 square feet, providing flexibility for various business types. The center's 20 total suites and a current vacancy of 17,650 square feet offer significant potential for expansion and increased revenue. This property is ideal for investors seeking a well-established, high-visibility retail center with immediate income potential and opportunities for future growth. The existing tenant mix provides a strong foundation for continued success, and the available spaces offer the chance to further diversify the center's offerings and attract new businesses. The prime location and high traffic volume ensure consistent customer flow, making this a compelling investment opportunity in a vibrant retail market.

Location Insight

City

Union City

County

Obion

State

Tennessee

Latitude

36.4135

Longitude

-89.0598

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