Skip to main content

Shopping Strip

Jefferson City Plaza

622 E Broadway Blvd, Jefferson City, TN 37760

Listing Price: $2,183,500

Cap Rate
7.75%
Gross SF
12,830
Rentable SF
12,830
Price/Gross SF
$170.19
Lot Size
1.20 acres
Year Built
2003

Investment Overview

Jefferson City Plaza is a 12,830-square-foot, multi-tenant retail center that is located in Jefferson City, Tennessee. The building is currently 100 percent leased to a strong tenant base of national tenants including Shoe Sensation, CATO, and T-Mobile. Shoe Sensation and T-Mobile are newly executed leases; both suites are currently in buildout with expected opening dates of May and June, respectively. CATO is an established tenant that has been in the center for more than 20 years. All leases are on triple-net terms. Additional income is derived from an America's Thrift Stores donation bin located in the subject property's parking lot. The building has a metal roof and is situated on a 1.2-acre parcel with ample paved parking.

Jefferson City Plaza is located on East Broadway Boulevard near the signalized intersection with North Chucky Pike with multiple ingress and egress points. The main access to the center from East Broadway Boulevard has traffic counts of approximately 25,000 vehicles per day. Jefferson City Plaza is shadow-anchored by Walmart Supercenter and near other national retailers including Lowe's, AT&T, Great Clips, Papa Murphy's, Wendy's, Dollar Tree, Papa John's Pizza, GameStop, Hardee's, Bojangles, Zaxby's Chicken Fingers & Buffalo Wings, Valvoline, Big Lots, and others. The average household income is $66,098 within three miles; $71,116 within five miles; and $71,109 within ten miles.

Investment Highlights

  • 12,870-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Current Leases are Triple-Net
  • Strong Tenant Base Featuring 100% National Tenants
  • CATO has Occupied the Center for 20+ Years
  • Located on East Broadway Boulevard Near the Signalized Intersection with North Chucky Pike | Traffic Counts are Approximately 25,000 Vehicles per Day

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Shopping Strip

Jefferson City Plaza

Listing Price: $2,183,500

Cap Rate
7.75%
Gross SF
12,830
Rentable SF
12,830
Price/Gross SF
$170.19
Lot Size
1.20 acres
Year Built
2003

Investment Highlights

  • 12,870-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Current Leases are Triple-Net
  • Strong Tenant Base Featuring 100% National Tenants
  • CATO has Occupied the Center for 20+ Years
  • Located on East Broadway Boulevard Near the Signalized Intersection with North Chucky Pike | Traffic Counts are Approximately 25,000 Vehicles per Day

Investment Overview

Jefferson City Plaza is a 12,830-square-foot, multi-tenant retail center that is located in Jefferson City, Tennessee. The building is currently 100 percent leased to a strong tenant base of national tenants including Shoe Sensation, CATO, and T-Mobile. Shoe Sensation and T-Mobile are newly executed leases; both suites are currently in buildout with expected opening dates of May and June, respectively. CATO is an established tenant that has been in the center for more than 20 years. All leases are on triple-net terms. Additional income is derived from an America's Thrift Stores donation bin located in the subject property's parking lot. The building has a metal roof and is situated on a 1.2-acre parcel with ample paved parking. Jefferson City Plaza is located on East Broadway Boulevard near the signalized intersection with North Chucky Pike with multiple ingress and egress points. The main access to the center from East Broadway Boulevard has traffic counts of approximately 25,000 vehicles per day. Jefferson City Plaza is shadow-anchored by Walmart Supercenter and near other national retailers including Lowe's, AT&T, Great Clips, Papa Murphy's, Wendy's, Dollar Tree, Papa John's Pizza, GameStop, Hardee's, Bojangles, Zaxby's Chicken Fingers & Buffalo Wings, Valvoline, Big Lots, and others. The average household income is $66,098 within three miles; $71,116 within five miles; and $71,109 within ten miles.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

MM Texture Background
MM Textured Background Lower