First Watch Restaurant
New
For Sale
Contact for pricing
3083 Wilma Rudolph Boulevard, Clarksville, TN 37040
Reconstructed building supported by an absolute NNN lease with scheduled rent growth and renewal options.
Property Size5,050 SF
Price / SF$913.86
Days on Market7
Property Features for 3083 Wilma Rudolph Boulevard
General Information
Standard status
Active
Size
5,050 SF
Total Parking Spaces
91
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Additional Details
Highway Access
Yes
Building Details
Year Built
1987
Year Renovated
2026
Tenancy
Single
Listing Agency:
CBRE - Tampa
Listed By:
Jim Shiebler, CCIM, CEC · License #FL SL3347780
Source:
Crexi
Added: Aug 28
Changed: Sep 1
Last Checked: Sep 1 at 8:51PM
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 - Tampa
Investment Insights
Based on property information with market context.
This 5,050-square-foot restaurant property in Clarksville is undergoing complete reconstruction for a new First Watch location. Originally built in 1987, the asset is being repositioned for operation under a 15-year absolute NNN lease. The agreement includes 10% rent increases every five years and three five-year renewal options.
The property is located at 3083 Wilma Rudolph Boulevard, approximately 45 miles northwest of Nashville. It sits near the Governor’s Square Mall and Interstate 24 corridor, with the planned Freedom Farms mixed-use development adjacent to the site. Freedom Farms encompasses 220 acres and is expected to include Costco, additional retail and restaurant space, and multifamily housing.
The property is located at 3083 Wilma Rudolph Boulevard, approximately 45 miles northwest of Nashville. It sits near the Governor’s Square Mall and Interstate 24 corridor, with the planned Freedom Farms mixed-use development adjacent to the site. Freedom Farms encompasses 220 acres and is expected to include Costco, additional retail and restaurant space, and multifamily housing.
Key Highlights
- New First Watch restaurant created through complete reconstruction of the existing property
- 5,050‑square‑foot restaurant property at 3083 Wilma Rudolph Boulevard
- 15‑year absolute NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
648k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 32%
Dining 29%
Superstores 23%
Shops & Services 6%
Walmart
Superstores
148,145 visits/mo
0.2 miles
Chick-fil-A
Dining
57,414 visits/mo
0.2 miles
DICK'S Sporting Goods
Apparel
54,884 visits/mo
0.5 miles
Kohl's
Apparel
48,869 visits/mo
0.4 miles
Burlington
Apparel
46,592 visits/mo
0.4 miles
Demographics for 37040, TN
60,382
Population
24,628
Households
2.5
Avg Household Size
31
Median Age
30%
College-Educated
94%
High-School Grad
92.8 sq mi
ZIP Area
651
Density / Sq Mi
$65,331
Median Household Income
$40,621
Median Earnings
$1,177
Median Rent
$242,400
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?
Conventional restaurant - Reconstructed building supported by an absolute NNN lease with scheduled rent growth and renewal options.
Where is this conventional restaurant located?
The property is located at 3083 Wilma Rudolph Boulevard Clarksville, TN.
What is the asking price?
The asking price for this property is $4,615,000.
What are key features of this property?
This property features: New First Watch restaurant created through complete reconstruction of the existing property; 5,050‑square‑foot restaurant property at 3083 Wilma Rudolph Boulevard; 15‑year absolute NNN lease
