Two-Story Retail
For Sale
Contact for pricing
1720 Old Fort Pkwy, Murfreesboro, TN 37129
Former department store space with re-leasing and full-site redevelopment potential in a regional shopping center setting.
Property Size146,000 SF
Price / SF$68.49
Days on Market151
Property Features for 1720 Old Fort Pkwy
General Information
Standard status
Active
Size
146,000 SF
Property subtype
Mixed Use, Multifamily, Retail, Self Storage
Zoning
PCD
Investment Type
Value Add
Building Details
Buildings
1
Stories
2
Listing Agency:
Avison Young - Nashville
(615) 727-7409
Listed By:
Jordan Powell · License #348249
Source:
Crexi
Added: Apr 2
Changed: Aug 30
Last Checked: Aug 30 at 12:31PM
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 Avison Young - Nashville
Investment Insights
Based on property information with market context.
This retail property comprises 146,000 square feet arranged across two floors and was previously used as a department store. The building and site can support either re-leasing some or all of the existing improvements or a complete redevelopment, as described in the property information. The offering includes 8.77 acres and carries PCD zoning.
The property is positioned behind Stones River Town Centre in Murfreesboro, along Old Fort Parkway. It is adjacent to a Home Depot shopping center, placing the site within an established retail environment. The combination of a substantial existing building, sizable land area, and redevelopment flexibility creates multiple paths for future repositioning.
The property is positioned behind Stones River Town Centre in Murfreesboro, along Old Fort Parkway. It is adjacent to a Home Depot shopping center, placing the site within an established retail environment. The combination of a substantial existing building, sizable land area, and redevelopment flexibility creates multiple paths for future repositioning.
Key Highlights
- 146,000‑square‑foot retail building spanning two floors
- Former department store property
- 8.77‑acre offering with PCD zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
466k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Apparel 20%
Shops & Services 18%
Home Improvements & Furnishings 15%
The Home Depot
Home Improvements & Furnishings
61,622 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
52,707 visits/mo
0.3 miles
AMC Stones River 9
Leisure
50,042 visits/mo
0.1 miles
Dillard's
Apparel
45,632 visits/mo
0.2 miles
Olive Garden
Dining
37,071 visits/mo
0.1 miles
Demographics for 37129, TN
60,494
Population
24,548
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
80.0 sq mi
ZIP Area
756
Density / Sq Mi
$89,772
Median Household Income
$48,137
Median Earnings
$1,597
Median Rent
$371,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former department store space with re-leasing and full-site redevelopment potential in a regional shopping center setting.
Where is this retail space located?
The property is located at 1720 Old Fort Pkwy Murfreesboro, TN.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 146,000‑square‑foot retail building spanning two floors; Former department store property; 8.77‑acre offering with PCD zoning
