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2038 US Highway 45 Byp 101,685 SF 100% Leased Retail Building Trenton, TN 38382 $5,495,000 ($54.04/SF)



Executive Summary
The retail center has been anchored by Food Rite, the only grocery store in Trenton, since 1989. It benefits from stable occupancy with many longstanding tenants with 20+ years in the shopping mall. The offering includes additional land with outparcel potential.
Optimally positioned along Hwy 45 Bypass, the property benefits from consistent visibility and accessibility.
At 100% occupancy with stable tenancy, the combination of reliable cash flow and upside potential makes this retail center a strong investment opportunity.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Founded in 1866, Huntington National Bank grew from a long-running Ohio banking franchise into the principal subsidiary of Huntington Bancshares. The company serves consumers, small and middle-market businesses, corporations, municipalities, and other organizations through banking, payments, wealth management, and risk management services. Huntington maintains a broad branch-based presence and extends certain businesses beyond its core footprint, giving the bank a sizable market presence across the U.S. financial services landscape.
Factory Connection specializes in providing the latest fashion apparel for customers in small to medium size markets. With stores in many states and growing rapidly, Factory Connection is a destination shopping experience for many of their customers. Factory Connection offers a wide selection of brand name fashions for Juniors, Misses, Plus, Men’s, Accessories, and shoes. Most locations also feature Home Décor. Buying from the industry’s leading fashion manufacturers allows Factory Connection to offer name brand and specialty store fashions at prices that are below regular retail. Because they ship new merchandise frequently – sometimes based on special limited-quantity purchases – their customers know the more they shop, the more they'll find! They provide the opportunity to find the latest fashions at the right price, offering a great shopping experience!
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
Health Mart began in 1996 as an independent pharmacy franchise and is part of McKesson. The business supports locally owned pharmacies with prescription services, operational support, and tools for pharmacy benefit contracting, store design, specialty medications, and other administrative needs. Health Mart operates as a nationwide network of independent pharmacies that offer personalized care, with services that include prescription management, online refill support, home delivery, vaccinations, and health and wellness guidance.
McDonald's began in 1940 when Richard and Maurice McDonald opened a restaurant in California. The modern corporation formed in 1955 when Ray Kroc joined as a franchise agent and later purchased the company. Today, it operates numerous locations worldwide through a franchise model. While primarily a fast food chain, McDonald's also generates income from owning many restaurant properties. The company has maintained its core menu while adapting to international markets. McDonald's remains one of the most recognizable brands in the global food service industry.
Merle Norman Cosmetics is a privately held cosmetics company founded in 1931 in Santa Monica, California by Merle Nethercutt Norman. The company began with three core products—Cleansing Cream, Miracol, and Powder Base Foundation—formulated in Norman’s kitchen. It quickly expanded into a franchise model, empowering women to own and operate studios across the U.S. and Canada. Today, Merle Norman develops, manufactures, and distributes its own line of skincare and color cosmetics from its headquarters in Los Angeles. The company operates independently owned studios and maintains a strong presence in North America and select international markets.
Pizza Pro was founded in 1985 by Scott Stevens in Jacksonville, Arkansas. Beginning with one store, Mr. Stevens began opening several locations. Eventually, leading to his decision to franchise in 1992. Their company’s goal is to offer the highest quality food product and customer satisfaction at the best possible price. Pizza Pro is a franchise chain with hundreds of Carry-Out, Drive-Thru, Dine In, and Delivery locations in several states and is focused on the needs of our individual franchisees and their communities. Their company is a grass roots organization helping meet the needs of their community with involvement in local schools, non-profit organizations, and community service projects. Pizza Pro is continually growing while making sure that their Franchisees as well as their customers are taken care of in the best possible way.
Subway began in Bridgeport, Connecticut, as a submarine sandwich shop started by Fred DeLuca and Peter Buck in the mid-1960s, and the brand later expanded through franchising. The company now focuses on made-to-order sandwiches alongside salads, wraps, cookies, and other menu items served through a broad franchise system. Subway has grown into a globally recognized restaurant brand with a large international footprint and a long-standing emphasis on quick-service meals and customizable menu choices.
Verizon Communications was formed through the merger of Bell Atlantic and GTE and began operating as a combined company in 2000. Verizon operates as a communications technology company with consumer and business groups, alongside public sector and network-focused offerings. The company provides wireless service, broadband connectivity, fiber-based services, and solutions for enterprise and government customers. The company maintains ongoing investment in network expansion and product development across mobility, broadband, and business services.
World Finance began in 1962 and grew from a small lender that opened its first branches in Greenville, South Carolina, into a consumer finance business with a broad branch network. The company provides personal installment loans, tax preparation services, tax advance loans, roadside assistance, and online account management, with products designed for customers seeking flexible borrowing and tax support. World Finance also emphasizes credit-building features, fixed-rate pricing, and community involvement through branch-based service and volunteer programs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Finance and Insurance | - | - | - | ||
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Retailer | - | - | - | ||
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Retailer | - | - | - | ||
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Retailer | - | - | - | ||
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Accommodation and Food Services | - | - | - | ||
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Retailer | - | - | - | ||
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Accommodation and Food Services | - | - | - | ||
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Accommodation and Food Services | - | - | - | ||
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Information | - | - | - | ||
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Finance and Insurance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 106I-A-008.00 | Improvements Assessment | $550,200 |
| Land Assessment | $148,800 | Total Assessment | $699,000 |
