Single-Tenant NNN Retail
For Sale
Contact for pricing
Pending
408 Tiny Town Road, Clarksville, TN 37402
Fee simple retail asset fully leased to Walmart Neighborhood Market under a NNN lease with corporate guarantee.
Property Size41,921 SF
Lot Size8.50 Acres
Days on Market33
Property Features for 408 Tiny Town Road
General Information
Standard status
Pending
Size
41,921 SF
Lot size
8.50 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Jul 21
Changed: Aug 12
Last Checked: Aug 21 at 5:45PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This fee simple single-tenant retail asset is fully leased under a NNN structure to Walmart Neighborhood Market and is backed by a full corporate guarantee from Walmart Stores Inc (parent company). The property includes a newly built Walmart Neighborhood Market prototype building of 41,921 square feet on approximately 8.50 acres of land. The brand new 15-year primary term runs through September 2030 and includes 17–5 year option periods, with 3% rental escalations every five years during the primary term and 5% rental escalations every five years during the option periods.
The site is located along Route 236, about a block from Route 41, and is across the street from Clarksville Regional Airport. The property provides convenient ingress/egress, excellent street visibility, and ample parking.
Offered as a landlord-managed fee simple asset, it is described as requiring zero landlord management. The lease structure is intended to provide dependable income backed by one of the strongest corporate credit companies referenced in the offering materials.
The site is located along Route 236, about a block from Route 41, and is across the street from Clarksville Regional Airport. The property provides convenient ingress/egress, excellent street visibility, and ample parking.
Offered as a landlord-managed fee simple asset, it is described as requiring zero landlord management. The lease structure is intended to provide dependable income backed by one of the strongest corporate credit companies referenced in the offering materials.
Key Highlights
- Single‑tenant retail asset fully leased to Walmart Neighborhood Market under a NNN lease with a full corporate guarantee from Walmart Stores Inc.
- Brand‑new 15‑year primary lease term expires in September 2030, with 17‑5 year option periods.
- Rent escalations: 3% every 5 years during the primary term, then 5% every 5 years during option periods.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 92%
Shops & Services 8%
Walmart Neighborhood Market
Groceries
30,597 visits/mo
0.1 miles
Valvoline Instant Oil Change
Shops & Services
1,890 visits/mo
0.2 miles
Tint World
Shops & Services
666 visits/mo
0.1 miles
Demographics for 37402, TN
4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Walmart Neighborhood Market — 408 Tiny Town Rd, Clarksville, TN 37042
- Piggly Wiggly — 3441 Fort Campbell Blvd A, Clarksville, TN 37042
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee simple retail asset fully leased to Walmart Neighborhood Market under a NNN lease with corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 408 Tiny Town Road Clarksville, TN.
What are key features of this property?
This property features: Single‑tenant retail asset fully leased to Walmart Neighborhood Market under a NNN lease with a full corporate guarantee from Walmart Stores Inc.; Brand‑new 15‑year primary lease term expires in September 2030, with 17‑5 year option periods.; Rent escalations: 3% every 5 years during the primary term, then 5% every 5 years during option periods.
