Single-Tenant NNN Retail
408 Tiny Town Road Clarksville, TN 37402
New
For Sale
Contact for pricing
Pending
Fee simple retail asset fully leased to Walmart Neighborhood Market under a NNN lease with corporate guarantee.
Property Size41,921 SF
Lot Size8.50 Acres
Days on Market4
Property Features for 408 Tiny Town Road
General Information
- Standard status
- Pending
- Size
- 41,921 SF
- Lot size
- 8.50 Acres
- Property subtype
- Retail
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 3:39PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This fee simple single-tenant retail asset is fully leased under a NNN structure to Walmart Neighborhood Market and is backed by a full corporate guarantee from Walmart Stores Inc (parent company). The property includes a newly built Walmart Neighborhood Market prototype building of 41,921 square feet on approximately 8.50 acres of land. The brand new 15-year primary term runs through September 2030 and includes 17–5 year option periods, with 3% rental escalations every five years during the primary term and 5% rental escalations every five years during the option periods.
The site is located along Route 236, about a block from Route 41, and is across the street from Clarksville Regional Airport. The property provides convenient ingress/egress, excellent street visibility, and ample parking.
Offered as a landlord-managed fee simple asset, it is described as requiring zero landlord management. The lease structure is intended to provide dependable income backed by one of the strongest corporate credit companies referenced in the offering materials.
The site is located along Route 236, about a block from Route 41, and is across the street from Clarksville Regional Airport. The property provides convenient ingress/egress, excellent street visibility, and ample parking.
Offered as a landlord-managed fee simple asset, it is described as requiring zero landlord management. The lease structure is intended to provide dependable income backed by one of the strongest corporate credit companies referenced in the offering materials.
Key Highlights
- Single‑tenant retail asset fully leased to Walmart Neighborhood Market under a NNN lease with a full corporate guarantee from Walmart Stores Inc.
- Brand‑new 15‑year primary lease term expires in September 2030, with 17‑5 year option periods.
- Rent escalations: 3% every 5 years during the primary term, then 5% every 5 years during option periods.
Property Analytics
Location Intelligence
Current Use by Public Records
Walmart Baby & Nursery ...
Social Service Agency
Minute Key
Locksmith
Walmart Fuel Station
Grocery & Convenience Store
Coinstar
Bank
Walmart Home Theater ...
Electrical Service
Similar Off Market Nearby
- Walmart Neighborhood Market — 408 Tiny Town Rd, Clarksville, TN 37042
- Piggly Wiggly — 3441 Fort Campbell Blvd A, Clarksville, TN 37042
FAQs
What type of property is this?
Grocery and convenience store - Fee simple retail asset fully leased to Walmart Neighborhood Market under a NNN lease with corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 408 Tiny Town Road Clarksville, TN.
What are key features of this property?
This property features: Single‑tenant retail asset fully leased to Walmart Neighborhood Market under a NNN lease with a full corporate guarantee from Walmart Stores Inc.; Brand‑new 15‑year primary lease term expires in September 2030, with 17‑5 year option periods.; Rent escalations: 3% every 5 years during the primary term, then 5% every 5 years during option periods.
