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Listed by Joseph Goodman CCIM • RE/MAX Choice Properties
$ 3,500,000
Est. payment | /mo
16,740 SqFt
$ 3,500,000
Est. payment | /mo
16,740 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 16,740 sqft
Price per Sqft $209
MLS Listing ID 3117242
Year Built 2006
Lot Size 5.630 Acres
Acres 5.63
Property Sub-Type Retail
Property Description
Prichard Foods Marketplace presents a rare opportunity to acquire a legacy grocery and fuel property positioned as a true community retail anchor in Alexandria, Tennessee. Situated on approximately 5.63 acres of commercially zoned land, this ±16,740 square foot facility offers exceptional scale, visibility, and long-term flexibility for an owner-operator or investor seeking a dominant footprint in a limited-competition trade area. The property has served generations as a local grocery destination, providing built-in consumer recognition and consistent traffic patterns that support both continued grocery use and future repositioning strategies. A defining advantage of this offering is the absence of competing grocery stores with fuel service of similar size within an estimated five to seven mile radius, creating a natural market moat and strong demand fundamentals. The expansive paved parking field can be re-striped to support approximately 100 spaces, allowing the site to accommodate higher-density retail or multi-tenant conversion if desired. The front northeastern corner of the property, comprising approximately 1 acre, offers a prime opportunity for a future ground lease for coffee shop etc. The site also features a flat, elevated corner acre at the upper portion of the property, creating a compelling opportunity for a future outparcel or ground lease. This pad location is well suited for a coffee shop, quick-service restaurant, or financial branch, offering an additional income stream without impacting the primary building. Zoned commercial and supported by an unusually favorable land-to-building ratio, the property is suitable for grocery continuation, specialty food, fitness, medical, discount retail, or neighborhood service concepts. See attached documents in media page that include demographic data, retail market analysis, macro market reports, and trade area mapping to support site selection, redevelopment strategy, and investment decision-making.
Location
State TN
County Dekalb County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Metal
Others
Special Listing Condition Standard

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