Unanchored Shopping
For Sale
Contact for pricing
Pending
1970 Old Fort Pkwy, Murfreesboro, TN 37129
Fully occupied retail property with established tenants along a major Murfreesboro commercial corridor.
Property Size14,690 SF
Days on Market180
Property Features for 1970 Old Fort Pkwy
General Information
Standard status
Pending
Size
14,690 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Additional Details
Highway Access
Yes
Building Details
Year Built
2005
Buildings
1
Tenancy
Multi
Listing Agency:
CBRE - Atlanta
(615) 248-1161
Listed By:
Rachel Smith · License #GA 426598
Source:
Crexi
Added: Mar 3
Changed: Aug 29
Last Checked: Aug 29 at 8:54PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
Built in 2005, this unanchored shopping center contains approximately 14,690 SF and is reported as 100% occupied. The tenant lineup has operated at the property since construction, with average tenant tenure exceeding 20 years. The center has 2.20 years of WALT remaining.
The property is positioned on Old Fort Parkway in Murfreesboro, just off I-24, which records more than 132,000 vehicles per day. Nearby retail destinations include Walmart, Home Depot, Planet Fitness, and Town Centre, while Avenues at Murfreesboro is located two miles away. The surrounding corridor supports substantial cross-shopping activity and established retail exposure.
The property is positioned on Old Fort Parkway in Murfreesboro, just off I-24, which records more than 132,000 vehicles per day. Nearby retail destinations include Walmart, Home Depot, Planet Fitness, and Town Centre, while Avenues at Murfreesboro is located two miles away. The surrounding corridor supports substantial cross-shopping activity and established retail exposure.
Key Highlights
- Approximately 14,690 SF unanchored shopping center
- 100% occupied with average tenant tenure of over 20 years
- Built in 2005; tenants have operated from the center since construction
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
889k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 21%
Superstores 17%
Apparel 13%
Walmart
Superstores
150,560 visits/mo
0.1 miles
Chick-fil-A
Dining
62,594 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
61,622 visits/mo
0.3 miles
Ross Dress for Less
Apparel
45,778 visits/mo
0.5 miles
Dillard's
Apparel
45,632 visits/mo
0.4 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
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail property with established tenants along a major Murfreesboro commercial corridor.
Where is this shopping center located?
The property is located at 1970 Old Fort Pkwy Murfreesboro, TN.
What are key features of this property?
This property features: Approximately 14,690 SF unanchored shopping center; 100% occupied with average tenant tenure of over 20 years; Built in 2005; tenants have operated from the center since construction
