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110-132 Newport Towne Ctr
Newport, TN 37821

Newport Towne Centre · Retail Property For Sale

Investment Highlights

  • 56,792-Square-Foot Shopping Center | 91% Leased to National & Essential Retailers
  • Strong Credit Tenant Base of Marshalls, Shoe Show, Dollar Tree, Sally Beauty Supply, Great Clips, and US Cellular Are 54%of the Effective Gross Rents
  • Shadow-Anchored by Walmart Supercenter and Lowe’s Home Improvement
  • Ability to Add $60,000 to NOI Immediately Through Lease-Up

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
56,792 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
6.48 AC
Zoning
C-3-Interstate Commercial - Commercial
Parking
180 Spaces (3.17 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064-005.05
Land Assessment
$296,000
Improvements Assessment
$1,085,560
Total Assessment
$1,381,560
  • Listing ID: 28317896

  • Date on Market: 4/25/2023

  • Last Updated:

  • Address: 110-132 Newport Towne Ctr, Newport, TN 37821

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