Multi-Tenant Retail
Top-Performing Food Lion Center | 100% Occupied | 30-Year History
400 Market Square Plaza, Livingston, TN
Listing Price: $3,260,472
Click To Access Offering Memorandum- Cap Rate7.25%
- Building SF40,600 SF
- Price/SF$80.31
- Year Built / Renovated1997
Investment Highlights
Key Property Highlights
- 100% Occupied Grocery-Anchored Neighborhood Shopping Center
- Original Food Lion & Family Dollar Tenants Since 1997 with Nearly 30 Years of Continuous Occupancy
- Top-Performing Food Lion Ranked #300 of 1,104 Stores Nationwide (Top 27%) and #7 of 27 Tennessee Locations (Top 23%)
- Original 20-Year Build-to-Suit Food Lion Lease with Renewals Extending the Potential Lease Term Through 2050
- 2021 Food Lion Roof Replacement Backed by a 20-Year Transferable Warranty
Additional Highlights
- Dominant Grocery Anchor Serving a Protected Rural Trade Area with the Nearest Competing Food Lion Approximately 20 Miles Away
- Casa Mexicana Expanded by 50%, Demonstrating Long-Term Tenant Investment and Business Growth
- Positioned Along Livingston’s Primary Retail Corridor Serving the Upper Cumberland Region
- Offered at Approximately $80 Per Square Foot, Well Below Estimated Replacement Cost
Tennessee Broker of Record | Jody McKibben | 6 Cadillac Dr., Ste. 100 Brentwood, TN 37027