1047 Madison St
Shelbyville, TN 37160
Wendy's · Retail Property For Sale

The subject property is situated along Madison Street, which boasts average daily traffic counts of approximately 17,500 vehicles. Nearby is Main Street, which brings an additional 18,400 vehicles into the immediate area on average daily. There are 27,386 individuals residing within a five-mile radius of the property and 39,807 individuals within a ten-mile radius. The subject property benefits from being well-positioned in a dense retail corridor consisting of national and local tenants, shopping centers, and hospitality accommodations all within close proximity of this property. Major national tenants include: Walgreens, Kroger, McDonald’s, Dollar General, Burger King, Family Dollar, Papa John’s, Popeyes, Baskin Robbins, Domino’s, CVS Pharmacy, Subway, and several other quick service restaurants. Additionally, several hospitality accommodations are within immediate proximity to the subject property including Best Western and Budget Inn. This property also benefits from being situated in immediate proximity to the Walking Horse Celebration located just across the street, which is the largest horse show in the world. Additionally, the subject investment property is approximately six miles from Shelbyville Municipal Airport. There are several hospitals in the immediate area including Vanderbilt Medical Center, Tennova Home Health, and Heritage Medical Center Radiology. These state-of-the-art medical facilities offer a wide array of patient services, attracting many from the greater surrounding area to the city, and combine to have a total of more than 1,000 staffed beds. Shelbyville is a city in Bedford County, Tennessee. Shelbyville is the county seat of Bedford County, and the hub of the Tennessee Walking Horse industry. The city has resultingly been nicknamed “The Walking Horse Capital of the World.” Known as “The Pencil City,” Shelbyville earned this nickname because of its historical significance as the center of wood-cased pencil manufacturing. Shelbyville is also at the intersection of U.S. Route 231 and U.S. Route 41A which are both main roads in the state of Tennessee. Shelbyville is home to multiple parks and recreational centers, including Cedar Rock Hunting Preserve, Fisherman’s Park, H.V. Griffin Park, and the Clearview Horse Farm Horseback Riding Ranch. Additionally, Shelbyville is home to a large academic community that continues to grow. One of the main academic institutions in the city is The Tennessee College of Applied Technology – Shelbyville is one of 46 institutions in the Tennessee Board of Regents System, the seventh largest system of higher education in the nation. The system comprises six universities, 14 community colleges, and 26 technology centers.