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River Rock Development 3 Properties in Murfreesboro, TN



Executive Summary
Positioned on approximately 8 acres in a rapidly expanding corridor of Murfreesboro, the former
“Racquet Club” site presents a rare mixed-use investment opportunity with both stabilized assets and significant value-add potential.
The property currently features two newly constructed brick office/retail buildings, a large warehouse with integrated office space, and an active outdoor pickleball facility—offering immediate incomegenerating capability across multiple asset types.
A key differentiator is the site’s direct access to Tommy Bragg Drive, a newly completed connector
providing seamless connectivity to Costco and the high-traffic New Salem Highway corridor. This enhanced infrastructure significantly increases visibility, accessibility, and long-term commercial viability.
Additionally, the property includes a vacant, road-front parcel ideally positioned for future development or pad-ready expansion, allowing investors to capitalize on continued growth in the surrounding
trade area.
The rear of the site boasts over 300 feet of frontage along the Stones River, offering a unique natural
amenity that supports potential placemaking, recreational enhancements, or premium positioning for
future development.
“Racquet Club” site presents a rare mixed-use investment opportunity with both stabilized assets and significant value-add potential.
The property currently features two newly constructed brick office/retail buildings, a large warehouse with integrated office space, and an active outdoor pickleball facility—offering immediate incomegenerating capability across multiple asset types.
A key differentiator is the site’s direct access to Tommy Bragg Drive, a newly completed connector
providing seamless connectivity to Costco and the high-traffic New Salem Highway corridor. This enhanced infrastructure significantly increases visibility, accessibility, and long-term commercial viability.
Additionally, the property includes a vacant, road-front parcel ideally positioned for future development or pad-ready expansion, allowing investors to capitalize on continued growth in the surrounding
trade area.
The rear of the site boasts over 300 feet of frontage along the Stones River, offering a unique natural
amenity that supports potential placemaking, recreational enhancements, or premium positioning for
future development.
Property Facts
| Sale Condition | Bulk/Portfolio Sale | Number of Properties | 3 |
| Cap Rate | 6.50% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 45,363 SF |
| Status | Active | Total Land Area | 1.00 AC |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 45,363 SF |
| Total Land Area | 1.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 601 River Rock Blvd, Murfreesboro, TN 37128 | Industrial | 8,000 SF | 2025 | - |
| 609 River Rock Blvd, Murfreesboro, TN 37128 | Industrial | 5,000 SF | 2025 | - |
| 605 River Rock Blvd, Murfreesboro, TN 37128 | Retail | 32,363 SF | 1984 | - |
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