849 W Main St · Oak Ridge, TN 37830 · Specialty Retail
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
Oak Ridge Shopping Center is a fully occupied, 38,779 SF neighborhood shopping center anchored by Staples, which has been operating at the property for over 27 years. The center is located within Oak Ridge's largest retail corridor, positioned at the doorstep of Main St Oak Ridge — the market's largest power center — with Walmart, Dick's Sporting Goods, TJ Maxx, Ross, Five Below, Kroger, and others located in close proximity.
The property benefits from a strong national tenant lineup, with 79% of GLA and revenue generated by national or regional tenants. Anderson County, TN maintains a 98% retail occupancy rate, demonstrating the strong fundamentals of the market. Oak Ridge has experienced over 14% population growth since 2019, and employment grew almost 7% from 2023-2024.
The investment offers income stability and NOI growth potential, with tenants representing 84% of GLA and 77% of rental revenue holding options with rental increases in place. Annual rental increases in current lease terms and renewal periods provide organic income growth for the landlord. Recent leasing momentum includes 6 new leases executed since the beginning of 2023, and the short-term WALT among current occupying tenants gives the landlord future flexibility across the rent roll.
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.