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Publix-Anchored Shopping Center
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2644 New Salem Hwy, Murfreesboro, TN 37128

Remaining in-line retail space and an outparcel support ground-lease and build-to-suit options.

Space SizeContact for details
Days on Market46

Property Features for 2644 New Salem Hwy

General Information

Standard status Active
Class Unclassified
Property subtype retail

Additional Details

Space Use Retail
Anchor Co-Tenants Publix

Amenities

monument signage
Publix Anchored Shopping Center
– Located at the intersection of Highway 99 and St. Andrews Road
– Ample Parking
– Monument signage available

Building Details

Tenancy Multi
Listing Agency: Nashville
Listed By: William Shell · License #309473
Source: Property.jll
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 30 at 1:04PM

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 Nashville

Investment Insights

Based on property information with market context.

Market at Salem Cove is a Publix-anchored shopping center at 2644 New Salem Hwy in Murfreesboro, Tennessee. The property offers the remaining in-line retail space, along with an outparcel that can accommodate either a ground lease or a 2,500 SF build-to-suit. These options provide distinct formats within the same retail center while preserving flexibility for different space requirements.

The center is positioned at the intersection of Highway 99 and St. Andrews Road. Ample parking serves the shopping center, and monument signage is available. The combination of an established Publix anchor, available in-line space, and a separate outparcel creates multiple leasing configurations at a visible intersection in Murfreesboro.

Key Highlights

  • Publix‑anchored shopping center at 2644 New Salem Hwy
  • Last remaining in‑line retail space
  • 0.59 Acres available for ground lease

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Groceries 40% Shops & Services 5%
Publix Groceries
27,844 visits/mo 0.1 miles
McDonald's Dining
22,284 visits/mo 0.2 miles
Taco Bell Dining
13,719 visits/mo 0.2 miles
FirstBank Shops & Services
3,613 visits/mo 0.1 miles
China Wok Dining
1,121 visits/mo 0.1 miles

Demographics for 37128, TN

70,329
Population
29,190
Households
2.4
Avg Household Size
34
Median Age
38%
College-Educated
95%
High-School Grad
56.7 sq mi
ZIP Area
1,240
Density / Sq Mi
$89,069
Median Household Income
$46,844
Median Earnings
$1,514
Median Rent
$364,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Remaining in-line retail space and an outparcel support ground-lease and build-to-suit options.
Where is this shopping center located?
The property is located at 2644 New Salem Hwy Murfreesboro, TN.
What are key features of this property?
This property features: Publix‑anchored shopping center at 2644 New Salem Hwy; Last remaining in‑line retail space; 0.59 Acres available for ground lease
More about this property
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