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    1731 Rutherford Blvd Murfreesboro, TN 37130

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    For Lease
    Contact for pricing

    Murfreesboro Publix-anchored retail space

    Lot size:
    70,588 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Kensington Place offers ±70,588 square feet of retail space in a thriving Murfreesboro, Tennessee location. This Publix-anchored shopping center provides ample parking for customers and boasts a prime location near Middle Tennessee State University (MTSU), the largest university in the state, ensuring a consistent flow of potential customers. Three spaces are currently available, ranging in size from 1,219 square feet to 43,124 square feet, offering flexibility for various retail businesses. The property is categorized as a grocery anchor, outparcel, and ground lease, presenting a unique investment opportunity. The high visibility location allows for monument signage, providing excellent branding opportunities for tenants. Situated in rapidly growing Rutherford County, this property benefits from a strong and expanding local economy and a large, readily accessible consumer base. The diverse space options make this an ideal location for businesses seeking high-traffic exposure in a vibrant and expanding community. This is a rare opportunity to secure retail space in a well-established and highly sought-after shopping center.

    Property Features for 1731 Rutherford Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,588 SF

    Unit(s) available at that property

    Space
    Suite 10 | 1741-Q
    Size
    1,350 SF
    Space
    Suite 4 | 1715-L
    Size
    1,219 SF
    Space
    0.99 AC Outparcel
    Size
    43,124 SF

    HighLights

    • ±70,588 SF Publix‑anchored shopping center.
    • Ample parking.
    • Located in rapidly growing Murfreesboro, TN, near MTSU.
    • Monument signage available.
    • Three spaces available, ranging from 1,219 SF to 43,124 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    U.S. Bank ATM ... Atm Redbox Movie Rental Kiosk US Bank Mortgage Mortgage Broker U.S. Bank Branch Bank Presto! ATM at Publix ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.368365
    Latitude
    35.8131878

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    FAQs

    What type of property is this?
    Individual retail property - Murfreesboro Publix-anchored retail space
    Where is this individual retail property located?
    The property is located at 1731 Rutherford Blvd Murfreesboro, TN.
    What are key features of this property?
    This property features: ±70,588 SF Publix-anchored shopping center.; Ample parking.; Located in rapidly growing Murfreesboro, TN, near MTSU.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1731 Rutherford Blvd Murfreesboro, TN 37130
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