3031 Wilma Rudolph Blvd Clarksville, TN 37040
Retail property near a large mall in a growing area.
Property size:
10,031 SFLot size:
1.15 AcresProperty Features for 3031 Wilma Rudolph Blvd
General Information
- Size
- 10,031 SF
- Lot size
- 1.15 Acres
Source:
Moodyscre
Listing Agent: Ben Sullivan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Shops Near Governor's Square
This retail property, known as Governor’s Square Mall Shops of Wilma Rudolph, is located at the entrance to the 1,100,000 square foot Governor’s Square Mall, which draws from a trade area population of over 400,000 residents. The property is positioned in Clarksville, Tennessee, 48 miles west of Nashville, Tennessee. Clarksville is experiencing rapid growth and is home to Fort Campbell Army Base and the 101st Airborne Division. Other notable employers in the area include Austin Peay University, Hancook Tire, Trane, and Korean manufacturer LG. A new Dave and Busters, announced in February 2024, has signed a lease for 34,556 square feet in the mall. Anchor tenants include HomeGoods, Burlington, Dick’s Sporting Goods, ROSS Dress For Less, Old Navy, Best Buy, AMC Theater, Dillard’s, Belk Outlet and JCPenney. The property presents a value-add opportunity. FedEx occupies 24.42% of the gross leasable area with a lease expiration date of 2/28/28 and a 5-year option term at market rate. FedEx is currently paying $18.00 per square foot net. Sleep Number is currently paying $38.89 per square foot net, and Army Navy is currently paying $40.00 per square foot net. The property size is 10,031 square feet.
Location Intelligence
Current Use by Public Records
Army Clarksville Recruiting ...
Military Recruiting Office
Sleep Number
Mattress Store
FedEx Office Print ...
Shipping And Mailing Service
Forensic Accounting Corp
Accountant
Rush My Passport
Visa And Passport Office
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.289677
- Latitude
- 36.592074
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Retail property near a large mall in a growing area.
Where is this strip mall located?
The property is located at 3031 Wilma Rudolph Blvd Clarksville, TN.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: - Value-add opportunity with below-market FedEx lease, offering potential for increased rental income.; - Strategic location at the entrance to Governor's Square Mall, a regional draw with over 400,000 residents in its trade area.; - FedEx is a major tenant (24.42% of GLA) with a lease extending to 2/28/28 and a 5-year option.