210 Needmore Rd., Clarksville, TN

Shopping Center for Sale - $2,435,000 - 12,600 Sq. Ft. on 1 acres


Agent Info

Alan Treadway
Marcus & Millichap

Property Info

CIMLS#1079159
Location
  210 Needmore Rd.
  Clarksville TN 37040
UpdatedAugust 19th, 2020
TypeShopping Center
Price$2,435,000
Building12,600 Sq. Ft.
Land1 acres

Contact


Property Description

Alan Treadway is pleased to present a 12,600-square foot retail center in Clarksville, Tennessee. The subject property is strategically positioned in the main retail corridor of the Clarksville market. The property is located within a handful of national retailers including Home Depot, Hobby Lobby, Five Below, TJ Maxx, and a Wyatt Johnson Buick GMC dealership. The property benefits from the high traffic counts of Wilma Rudolph Boulevard, which sees roughly 34,000 cars a day. The building was completed in 2011 and is located in front of Anytime Storage II which consists of 133 non-climate controlled units.

Clarksville is located only 45 miles northwest of Nashville and is the 19th fastest growing city in the United States. Situated on Interstate 24, the city has seen major economic growth in the past decade and is currently

the fifth largest city in the state. According to state projections, Clarksville is projected to pass Chattanooga in the next five years to become the fourth largest city in Tennessee. The major employers in the Clarksville area include Hankook Tire, LG Lighting, Trane, and Tennova Healthcare.

Google recently located a major regional fiber optics center into the market, and Atlas BTX recently announced a $75 million investment in the area. In addition to the city's population base, neighboring Fort Campbell (home of the 101st Airborne Division, the Screaming Eagles) has more than 140,000 troops stationed there.


Financials

Located in 19th Fast Growing Market in the United States and 5th Largest City in Tennessee

Tennessee's Top Growth Market

Tremendous Retail Visibility

Newly Signed Leases

High Traffic Counts From Wilma Rudolph

All Triple-Net Leases