Linway Capital Partners Expands Into Tennessee
with Acquisition of Erwin Shopping Center


Bootstrap Themes


Linway Capital Partners (“LCP”) is pleased to announce the acquisition of Erwin Shopping Center, a 40,735-square-foot retail property strategically located in Erwin, Tennessee. Positioned along N. Main Avenue, the center is anchored by a top-performing Food Lion and complemented by a strong mix of service-oriented tenants, including Hometown Tradition and Workout Anytime, creating a stable, necessity-based retail environment.

With 100% occupancy at acquisition, Erwin Shopping Center provides immediate in-place cash flow supported by long-term tenancy and consistent operating performance. The Food Lion anchor has served the community for decades and continues to generate strong sales, outperforming typical grocery benchmarks while maintaining a low occupancy cost. The center benefits from excellent visibility and access, with proximity to major thoroughfares connecting Johnson City, TN and Asheville, NC, and serves as a primary retail destination within the local trade area.

LCP’s Principal Drew Briscoe stated, “The acquisition of Erwin Shopping Center aligns with our strategy of targeting high-quality, necessity-based retail assets supported by strong tenant performance and resilient consumer demand. Anchored by a leading grocer and complemented by a stable, diversified tenant roster, the property is well-positioned within an expanding regional growth corridor that offers durable cash flow characteristics and compelling long-term value creation for investors.”

Linway Capital Partners continues to expand its portfolio of small-format, high-performing retail centers through a disciplined acquisition strategy focused on necessity-based retail, value-add opportunities, and long-term ownership.

5/15/2026

Previous Articles