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Shops of Wilma Rudolph 3031 Wilma Rudolph Blvd 10,031 SF 100% Leased Retail Building Clarksville, TN 37040 $5,349,000 ($533.25/SF) 6.32% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Value-Add Opportunity – FedEx is currently paying well below market rent at $18 PSF with rent to be set at market rate at their next option period
  • NNN Lease Structure – All tenants are paying their pro-rata share of operating expenses. Limiting landlord exposure to inflationary pressures
  • Attractive Retail Design – Newly remodeled as of 2018: Features prominent signage, ample parking, easy access, and high visibility
  • National Tenant Roster – Shops of Wilma Rudolph is leased to nationally recognized, strong credit tenants
  • Strip Center Intrinsics – Shops of Wilma Rudolph embodies the low risk associated with smaller, leasable tenant spaces
  • Across From Top Performing Walmart – This is the number one Walmart Location in Tennessee and ranks in the 98th Percentile nationally (Per AlphaMaps)

EXECUTIVE SUMMARY

Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,031 SF
Building Class
B
Year Built/Renovated
1995/2018
Price
$5,349,000
Price Per SF
$533.25
Cap Rate
6.32%
NOI
$338,228
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
30 Spaces (2.99 Spaces per 1,000 SF Leased)
Frontage
403’ on Wilma Rudolph Blvd

AMENITIES

  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

Waffle House
Applebee's
Logan's Roadhouse
Shoney’s
Golden Corral
Rafferty's
Old Chicago Pizza
Steak ‘n Shake
IHOP
Red Lobster

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
032L-A-001.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$811,840
  • Listing ID: 38970663

  • Date on Market: 1/5/2026

  • Last Updated:

  • Address: 3031 Wilma Rudolph Blvd, Clarksville, TN 37040

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