Shopping Strip

210 Needmore

210 Needmore Rd, Clarksville, TN 37040

Listing Price: $2,435,000

Cap Rate
7.00%
Gross SF
12,600
Rentable SF
12,600
Price/Gross SF
$193.25
Lot Size
1.00 acres
Year Built
2011

Investment Overview

Marcus and Millichap is pleased to present a 12,600 square foot retail Strip Center in Clarksville, TN. 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 car 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 I-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 $75M 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.

Investment Highlights

  • Newly Signed Leases
  • High Traffic Counts from Wilma Rudolph
  • All Triple Net Leases
  • Tremendous Retail Visibility
  • Located in 19th Fast Growing Market in US and 5th Largest City in TN
  • Tennessee's Top Growth Market

Exclusively Listed By

Listing Price: $2,435,000

Cap Rate
7.00%
Gross SF
12,600
Rentable SF
12,600
Price/Gross SF
$193.25
Lot Size
1.00 acres
Year Built
2011

Investment Highlights

  • Newly Signed Leases
  • High Traffic Counts from Wilma Rudolph
  • All Triple Net Leases
  • Tremendous Retail Visibility
  • Located in 19th Fast Growing Market in US and 5th Largest City in TN
  • Tennessee's Top Growth Market

Investment Overview

Marcus and Millichap is pleased to present a 12,600 square foot retail Strip Center in Clarksville, TN. 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 car 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 I-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 $75M 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.

Exclusively Listed By

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