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400 Market Square PlazaLivingston, TN 38570
Livingston Plaza - Food Lion Center
Asset ClassRetail
overview of deal

Overview

Marcus & Millichap is pleased to exclusively present Livingston Plaza Food Lion Center, a 40,600-square-foot, 100% occupied neighborhood shopping center anchored by Food Lion at 400 Market Square Plaza in Livingston, Tennessee. Positioned along Livingston’s primary commercial corridor, the center serves as the community’s leading destination for grocery, convenience and daily-needs retail. Since opening in 1997, the property has established itself as one of the area’s dominant neighborhood shopping centers, supported by long-term tenant occupancy, necessity-based retail and consistent consumer traffic.

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Investment Highlights

  • 100% Occupied Grocery-Anchored Neighborhood Shopping Center
  • Original Food Lion & Family Dollar Tenants Since 1997 with Nearly 30 Years of Continuous Occupancy
  • Top-Performing Food Lion Ranked #300 of 1,104 Stores Nationwide (Top 27%) and #7 of 27 Tennessee Locations (Top 23%)
  • Original 20-Year Build-to-Suit Food Lion Lease with Renewals Extending the Potential Lease Term Through 2050
  • 2021 Food Lion Roof Replacement Backed by a 20-Year Transferable Warranty
  • Dominant Grocery Anchor Serving a Protected Rural Trade Area with the Nearest Competing Food Lion Approximately 20 Miles Away
  • Casa Mexicana Expanded by 50%, Demonstrating Long-Term Tenant Investment and Business Growth
  • Positioned Along Livingston’s Primary Retail Corridor Serving the Upper Cumberland Region
  • Offered at Approximately $80 Per Square Foot, Well Below Estimated Replacement Cost
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400 Market Square PlazaLivingston, TN 38570

Sales Team

23975 Park Sorrento, Suite 400, Calabasas, CA 91302

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