Downtown Lenoir City Shopping Center

The property is located in the heart of downtown Lenoir City, just south of East Broadway (US-11), within an established neighborhood retail corridor serving the surrounding residential population. The site offers convenient access to Interstate 75, US Highway 321, and the greater Knoxville metropolitan area, making it well positioned for both local and regional traffic. The surrounding trade area features a mix of neighborhood retail, restaurants, service businesses, and civic uses, while the primary retail corridor along Highway 321—home to major national retailers including Walmart, Home Depot, Food City, Ingles, Starbucks, Chick-fil-A, and numerous national restaurants—is only a few minutes away. Continued residential and commercial growth throughout Loudon County has strengthened the area's retail demand and consumer base.Positioned in the heart of Downtown Lenoir City, this 46,878 SF multi-tenant Retail Center presents a rare opportunity to acquire a fully leased retail asset with significant value-add potential in one of East Tennessee's fastest-growing markets. Offered at $2,700,000, the property benefits from stable in-place occupancy while providing investors with multiple avenues to unlock value through strategic leasing, repositioning, and capital improvements. Located within a designated Opportunity Zone, the property sits just minutes from I-75, Hwy 321, and Hwy 11, providing excellent regional connectivity to Knoxville, Loudon County, and the rapidly expanding West Knoxville corridor. The center enjoys outstanding visibility along Bon Street and is surrounded by established neighborhoods, downtown businesses, and the area's primary retail corridor featuring national retailers including Walmart, Home Depot, Food City, Aldi, Starbucks, Chick-fil-A, and numerous other regional and national brands. This established Retail Shopping Center is located within a designated Opportunity Zone and offers immediate cash flow from seven tenants, including Dollar General, while providing substantial upside through future lease renewals, tenant repositioning, and strategic capital improvements. With limited retail inventory available in Downtown Lenoir City and continued population and commercial growth fueled by revitalization efforts, this offering combines stable occupancy, an irreplaceable downtown location, and significant value-add potential into an attractive investment opportunity.