2231 Medical Center Pky
Murfreesboro, TN 37129
Krispy Kreme | 20 YR GL | Rent Inc. | 1.61 AC · Retail Property For Sale

The Krispy Kreme is strategically located on Medical Center Parkway, with excellent visibility and access to 34,983 vehicles per day directly in front of the site. The property is located between Medical Center Parkway’s signalized intersections with Robert Rose Drive (25,331 AADT) and North Thompson Lane (25,403 AADT), and the property benefits from immediate access to Interstate 24, which connects Murfreesboro to Nashville and has a high traffic count of 113,248 vehicles per day near the property. Located in dense retail corridor, the property is surrounded by large retail centers and major national tenants. The property is flanked by The Avenue Murfreesboro—an open-air lifestyle center with over 100 boutiques, eateries, and big-box stores—and The Oaks, a 32-acre development with prominent retailers like Marshalls, Ross, Stein Mart, and Ashley HomeStore. Other notable tenants in the nearby area include Walmart Supercenter, Home Depot, Dillard’s, AMC Theatres, Target, Lowe’s, Kroger, Planet Fitness, and Walgreens, amongst many others. The Krispy Kreme is part of Robert Rose Village East, a mixed-use development slated to include a 255-unit apartment complex and a number of commercial businesses. The Robert Rose Village East development is located in the Gateway area, a thriving business, residential, retail, and healthcare district. The centerpiece of the Gateway district is the 286-bed Saint Thomas Rutherford Hospital, which has 1,400 employees and is within walking distance of the property. Other medical facilities in the Gateway area include Murfreesboro Medical Clinic and the 101-bed TrustPoint Hospital, which is currently in the midst of a 148-bed expansion. The Gateway neighborhood is growing rapidly; between 2010 and 2018, the population within one mile of the property increased by more than 65%, and is expected to grow another 23.5% by 2023. Additionally, the property is already supported by a large customer base, with 124,240 residents living within a five-mile radius.