Investment Overview
This investment opportunity consists of a 32,966± square foot retail building situated on approximately 3.98 acres at a signalized intersection, providing excellent visibility, access, and traffic exposure. The property is improved with a former grocery store footprint and is partially occupied by AutoZone, a nationally recognized automotive retailer that provides stable in-place income and consistent customer traffic.
The former grocery space offers a flexible layout with strong fundamentals for re-tenanting, redevelopment, or adaptive reuse, including ample square footage, strong ceiling heights, and favorable parking ratios. The site’s large acreage allows for additional value-add opportunities such as subdivision, pad development, or reconfiguration to accommodate multiple tenants.
Investment Highlights
- Income-producing retail asset
- Value-add upside through leasing and rent growth
- Located in the heart of downtown Mountain City
- Limited competing retail supply in the trade area
- Strong local and regional draw
- Proximity to outdoor tourism and recreation
- Convenient access to U.S. Highway 421