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1481 Tiny Town Road - Dollar General, Clarksville, TN

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1481 Tiny Town Road - Dollar General

Clarksville, TN 37042-7202 - Montgomery County Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2011
Building Size:13,300 SF Land Area:1.92 AC (83,635 SF)
For Sale Price:$2,115,000 Price/SF:$159.02
Cap Rate:7.00 %
Parking:Free Surface spaces are available; Ratio of 3.01/1,000 SF

Recently constructed Dollar General with shop space located in Clarksville Tennessee. Strategically located at the intersection of Tiny Town Road and Peachers Mill adjacent to the new Publix. The property is also located in close proximity to the Ft Campbell Army base which is one of the largest North America.
Clarksville has been successful in drawing residents and business. The trade area has 30,000 people within a 5 mile radius and five elementary schools within a 1 mile radius.

Sale Notes:
Dollar General & Shops | Retail Center For Sale

Market Retail Partners is pleased to offer for sale to qualified investors an attractive 100% leased Dollar General anchored retail center located at 1481 Tiny Town Road in Clarksville, Tennessee (Nashville MSA).
The subject property is a 13,300 square foot multi-tenant retail building with approximately 70% leased to one corporate tenant on a long-term lease. Dollar General currently occupies 68% of the center and has approximately 10 years remaining on the primary term with three, five year renewal options. The remaining 4,200 SF is leased to Tippers Neighborhood Pub on a new 10 year term with 3% annual increases and two, five year renewal options.

This property is situated at the major intersection of Tiny Town Road and Peachers Mills Road, adjacent to The Shoppes of Peachers Mill, a new 61,660 SF shopping center anchored by Publix. Clarksville is a city in and the county seat of Montgomery County and is located approximately 45 miles from Nashville.

Market Retail Partners LLC
Kevin Fulton
(615) 796-4076

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