210 Needmore Rd., Clarksville, TN
Shopping Center for Sale - $2,435,000 - 12,600 Sq. Ft. on 1 acres
Property Info
CIMLS# | 1079159 |
Location 210 Needmore Rd. Clarksville TN 37040 | |
Updated | August 19th, 2020 |
Type | Shopping Center |
Price | $2,435,000 |
Building | 12,600 Sq. Ft. |
Land | 1 acres |
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