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Mixed-Use Retail and Fourplex

3276 Hwy 41A S Clarksville, TN 37043

3276 Hwy 41A S, Clarksville, TN, 37043
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For Sale
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Retail tenants are anchored by a dental practice, with a separate four-unit apartment building included.

Property Size10,320 SF
Price / SF$310.08
Days on Market70

Property Features for 3276 Hwy 41A S

General Information

Standard status
Active
Size
10,320 SF
Property subtype
Retail, Multifamily, Office

Building Details

Year Built
2022
Listing agency Marcus & Millichap - Nashville
Listed by Andrew Phipps · License #TN 361091
Source Crexi
Added: May 15 Updated: Jul 23 at 3:22AM Checked: Jul 23 at 3:22AM

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 Marcus & Millichap - Nashville


Investment Insights

Based on property information with market context.

This mixed-use property combines retail space with residential income via a separate four-unit apartment building. The retail component is anchored by a DSO-backed dental practice, providing diversified rental streams within the same investment structure.

The property is located at 3276 Hwy 41A S in Clarksville, TN 37043. The offering is described as generating approximately $240K in NOI, supported by the existing retail tenants and the on-site apartment building.

Key Highlights

  • Mixed‑use property built in 2022 with retail tenants plus a separate 4‑unit apartment building
  • Retail is anchored by a DSO‑backed dental practice
  • Approximately $240K NOI reported

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $198.1k $19.20
− Vacancy −$11.9k −$1.15
EGI $186.3k $18.05
− OpEx −$74.5k −$7.22
NOI $111.8k $10.83
10,320 SF · lease $19.20/SF/yr · vacancy 6.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,753 @ 7.0% cap · market cap 3.49%
Second Best
Retail
$1.40M
$1.23M – $1.64M (±1% cap)
NOI $98,200 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M (±1% cap)
NOI $121,264 @ 7.0% cap · market cap 3.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Knotted Co Boutique Clothing & Fashion Store

Suggested Use

Law Firm Dental Office Building Supply Restaurant Spa & Massage Center Electrical Service Real Estate Agency Gym & Fitness Center Auto Parts Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Retail tenants are anchored by a dental practice, with a separate four-unit apartment building included.
Where is this mixed-use property located?
The property is located at 3276 Hwy 41A S Clarksville, TN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Mixed‑use property built in 2022 with retail tenants plus a separate 4‑unit apartment building; Retail is anchored by a DSO‑backed dental practice; Approximately $240K NOI reported
Contact an agent
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