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
Lead Agent

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Tennessee Broker of Record | Jody McKibben | 6 Cadillac Dr., Ste. 100 Brentwood, TN 37027