Three-Room Retail
For Sale
Contact for pricing
4 Lealand Dr, Clarksville, TN 37042
Left-side commercial space includes a private rear restroom and shelving that may remain or be removed.
Property Size308 SF
Price / SF$2.60
Days on Market29
Property Features for 4 Lealand Dr
General Information
Standard status
Active
Size
308 SF
Property subtype
Retail
Building Details
Year Built
1984
Listing Agency:
101st Property Management
(931) 279-7779
Listed By:
Shannon Wilford · License #298663
(931) 249-1282
Source:
Movehomenashville
Added: Oct 2
Changed: Oct 29
Last Checked: Oct 29 at 11:07AM
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 101st Property Management
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite A occupies the left side of the building and contains three rooms with a private restroom at the rear. Shelving can remain in place or be removed, and security doors span the front of the suite. The building dates to 1984.
The property is at 4 Lealand Dr in Clarksville, with visibility from Ft Campbell Blvd. Water is included in the rent, with the tenant responsible for charges above $50.
The property is at 4 Lealand Dr in Clarksville, with visibility from Ft Campbell Blvd. Water is included in the rent, with the tenant responsible for charges above $50.
Key Highlights
- Three‑room layout with a private restroom at the rear
- Shelving may remain or be removed
- Front security doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,931
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,620
$58.6K
Cap Rate 7%
$41,871
$41.9K
Cap Rate 9%
$32,567
$32.6K
Market Conditions
NOI Build-Up for 308 SF
Gross rent
$4.4K $14.40/SF
− Vacancy
−$248 −$0.81/SF
EGI
$4.2K $13.59/SF
− OpEx
−$1.3K −$4.08/SF
NOI
$2.9K $9.52/SF
Area
Clarksville, TN
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,620
Cap Rate 7%
$41,871
Cap Rate 9%
$32,567
Alternative Uses
Best Use
Retail
$41.9K
$36.6K – $48.9K
NOI $2,931 @ 7.0% cap · market cap 366.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$51.7K
$45.2K – $60.3K
NOI $3,619 @ 7.0% cap · market cap 452.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Groceries 39%
Electronics 2%
Dodge's Southern Style
Shops & Services
20,829 visits/mo
0.3 miles
Aldi
Groceries
20,790 visits/mo
0.4 miles
AutoZone
Shops & Services
5,695 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
4,360 visits/mo
0.2 miles
Cricket Wireless Authorized Retailer
Electronics
975 visits/mo
0.4 miles
Demographics for 37042, TN
83,498
Population
35,433
Households
2.4
Avg Household Size
29
Median Age
26%
College-Educated
94%
High-School Grad
56.9 sq mi
ZIP Area
1,467
Density / Sq Mi
$66,435
Median Household Income
$38,716
Median Earnings
$1,196
Median Rent
$220,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Left-side commercial space includes a private rear restroom and shelving that may remain or be removed.
Where is this retail space located?
The property is located at 4 Lealand Dr Clarksville, TN.
What are key features of this property?
This property features: Three‑room layout with a private restroom at the rear; Shelving may remain or be removed; Front security doors
