Retail Shops Near Governor's
3031 Wilma Rudolph Blvd Clarksville, TN
3031 Wilma Rudolph Blvd, Clarksville, TN, 00000
Contact for pricing
For Sale
Contact for pricing
Retail property near a large mall in a growing area.
Property Size10,031 SF
Lot Size1.15 Acres
Price / SF$548.30
Days on Market508
Property Features for 3031 Wilma Rudolph Blvd
General Information
- Standard status
- Active
- Size
- 10,031 SF
- Lot size
- 1.15 Acres
- Property subtype
- RETAIL
Listing Agency
Market Street Retail Advisors
(615) 309-6111
Listed by
Ben Sullivan · License #289789
Source
Moodyscre
Added: Feb 28, 2025 Updated: Jul 6 at 9:59 am Checked: Jul 19 at 5:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Market Street Retail Advisors
Investment Insights
Based on property information with market context.
This retail property, known as Governor’s Square Mall Shops of Wilma Rudolph, is located at the entrance to the 1,100,000 square foot Governor’s Square Mall, which draws from a trade area population of over 400,000 residents. The property is positioned in Clarksville, Tennessee, 48 miles west of Nashville, Tennessee. Clarksville is experiencing rapid growth and is home to Fort Campbell Army Base and the 101st Airborne Division. Other notable employers in the area include Austin Peay University, Hancook Tire, Trane, and Korean manufacturer LG. A new Dave and Busters, announced in February 2024, has signed a lease for 34,556 square feet in the mall. Anchor tenants include HomeGoods, Burlington, Dick’s Sporting Goods, ROSS Dress For Less, Old Navy, Best Buy, AMC Theater, Dillard’s, Belk Outlet and JCPenney. The property presents a value-add opportunity. FedEx occupies 24.42% of the gross leasable area with a lease expiration date of 2/28/28 and a 5-year option term at market rate. FedEx is currently paying $18.00 per square foot net. Sleep Number is currently paying $38.89 per square foot net, and Army Navy is currently paying $40.00 per square foot net. The property size is 10,031 square feet.
Key Highlights
- Value‑add opportunity with below‑market FedEx lease, offering potential for increased rental income.
- Strategic location at the entrance to Governor's Square Mall, a regional draw with over 400,000 residents in its trade area.
- FedEx is a major tenant (24.42% of GLA) with a lease extending to 2/28/28 and a 5‑year option.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Army Clarksville Recruiting ...
Military Recruiting Office
Sleep Number
Furniture & Home Goods
FedEx Office Print ...
Courier Service
Forensic Accounting Corp
Accounting Firm
Rush My Passport
Travel Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Retail property near a large mall in a growing area.
Where is this strip mall located?
The property is located at 3031 Wilma Rudolph Blvd Clarksville, TN.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Value‑add opportunity with below‑market FedEx lease, offering potential for increased rental income.; Strategic location at the entrance to Governor's Square Mall, a regional draw with over 400,000 residents in its trade area.; FedEx is a major tenant (24.42% of GLA) with a lease extending to 2/28/28 and a 5‑year option.
