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1290 Parkway Pl - Wawa | Parkway Place | Clarksville, TN 2.84 Acres of Commercial Land Offered at $4,522,252 in Clarksville, TN 37042
Investment Highlights
- Brand New Construction – Recently completed, modern build with no deferred maintenance.
- Long-Term Stability – 20 years remaining on a corporately signed lease.
- Hard Signalized Corner – Wawa is well positioned at a signalized intersection between 101st Airborne Pkwy and Parkway Place.
- Expansive Lot Size – Spanning over ±2.8 AC the property offers exceptional space for operational flexibility, future expansion, or custom site plans.
- Strong Local Demographics – Average household income of $64,924 within a 1-mile radius supports strong consumer spending power.
- Booming Population Growth – It is estimated that the 5-mile population will grow over 3.5% annually in the next 5 years.
Executive Summary
Expansive Lot Size: Spanning over ±2.8 AC the property offers exceptional space for operational flexibility, future expansion, or custom site planning.
Long-Term Stability: 20 years remaining on a corporately signed lease.
Strong National Brand: Wawa Inc. is a highly recognized and trusted convenience and foodservice chain, known for its loyal customer base and rapidly
expanding regional footprint.
Property Facts
| Price | $4,522,252 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.84 AC |
| Property Type | Land | ||
| Zoning | HB - Highway Business | ||
| Price | $4,522,252 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.84 AC |
| Zoning | HB - Highway Business |
1 Lot Available
Lot
| Price | $4,522,252 | Lot Size | 2.84 AC |
| Price Per AC | $1,592,342.25 |
| Price | $4,522,252 |
| Price Per AC | $1,592,342.25 |
| Lot Size | 2.84 AC |
Located in Clarksville, TN, this benefits from a dense population of over 116,000 residents within a 5-mile radius. Positioned at a hard signalized corner on 101st Airborne Pkwy and Parkway Pl., it offers clear visibility and access with ±39,520 VPD.
Description
Strategically positioned at a signalized hard corner along 101st Airborne Parkway, a primary commercial corridor with traffic counts exceeding ±39,500 vehicles per day, the property benefits from excellent visibility and ease of access. The surrounding area is supported by dense residential population and favorable demographics, including an average household income of approximately $64,924 within a one-mile radius and over 116,000 residents within five miles.
