University Plaza — Sale in Martin, TN

  • Price: $7.3M
  • Listing type: For sale
  • Asset type: Business
  • Location: Martin, TN 38237
  • Size: 79,700 SF
  • Year built: 1986

Investment Figures

Cap rate
6.90%
Price per square foot
$91
Price per unit
$483,333 across 15 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

University Plaza is a well-established retail center built in 1986. Income stability is secured by credit tenants, including Kroger (Ruler Foods), Farmers Furniture, and Aaron’s, all with long-term leases. The center is strategically located near the University of Tennessee at Martin, providing a massive customer base and minimal competition. High visibility and recent capital improvements (2019 roof) position University Plaza as a secure, high-performing investment in Northwest Tennessee. Building SF: 79700 | Land Size: 17.2 Ac | Year Built: 1986 | Listing Type: FOR SALE

Market Context

This commercial property in Martin, TN is listed for sale at $7,250,000 across 79,700 SF ($91/SF). It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1986. It has been on the market for 72 days. Compare it against other commercial property listings for sale in Martin, TN — view the full market.

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