3031 Wilma Rudolph Blvd Clarksville, TN 37040

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.