3031 Wilma Rudolph Blvd - Storefront FOR SALE


Clarksville, TN 37040
$5,349,000 USD
866-889-0550
3031 Wilma Rudolph Blvd, Clarksville, TN for Sale
$5,349,000 USD
Storefront - FOR SALE
1/5
null | 6.32% Cap Rate

3031 Wilma Rudolph Blvd
Clarksville, TN 37040


HIGHLIGHTS

  • Value-Add Opportunity – FedEx is currently paying well below market rent at $18 PSF with rent to be set at market rate at their next option period
  • National Tenant Roster – Shops of Wilma Rudolph is leased to nationally recognized, strong credit tenants
  • NNN Lease Structure – All tenants are paying their pro-rata share of operating expenses. Limiting landlord exposure to inflationary pressures
  • Strip Center Intrinsics – Shops of Wilma Rudolph embodies the low risk associated with smaller, leasable tenant spaces
  • Attractive Retail Design – Newly remodeled as of 2018: Features prominent signage, ample parking, easy access, and high visibility
  • Across From Top Performing Walmart – This is the number one Walmart Location in Tennessee and ranks in the 98th Percentile nationally (Per AlphaMaps)

OVERVIEW

Broker of Record Hutt Cooke License # 263667 (TN) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$5,349,000 USD

PRICE/SF

$508 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops of Wilma Rudolph

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

032L-A-001.00

ASK ABOUT THIS PROPERTY

Robert TateMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Robert TateMatthews Real Estate Investment ServicesMore Info
866-889-0550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.