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2838 Duplex Rd Spring Hill, TN 37174

For Sale
$11,000,000

High-Yield, 7-Tenant Shopping Center

Property size:
16,670 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 16,670 square-foot retail center in Spring Hill, Tennessee, presents a compelling investment opportunity. Located on a 1.4-acre corner lot at the signalized intersection of Duplex Rd and Port Royal Rd, this property boasts exceptional visibility to approximately 10,024 vehicles daily and convenient access to Interstate 65. The center is fully occupied (100%) by seven diverse, best-in-class tenants, each under a new 10-year lease with attractive rent bumps (details available in the Offering Memorandum). The current Net Operating Income (NOI) is $692,231, yielding a 6.30% cap rate. Built in 2024, this single-building, mixed-use property benefits from a prime location within a thriving mixed-use development, adjacent to a new preschool and a three-story medical office building. The surrounding area features a dense residential community, a nearby school district, and the proximity to the largest GM manufacturing facility in North America. Significant ongoing development, including a $12 million road widening project, further enhances the property's long-term value. This fee-simple ownership offers limited landlord responsibilities and benefits from Tennessee's income tax-free status. The property's tenant mix includes BA Coffee, Don Arturo's Mexican Grill, Saladworks, Smile Dentistry, Unity Chiropractic, and Whiskey Hounds, creating a unique and complementary shopping experience. Detailed lease information and rent bump schedules are available in the Offering Memorandum. This is a truly exceptional opportunity to acquire a high-performing, net-lease retail investment in a rapidly growing market. Asking price: $11,000,000.

Property Features for 2838 Duplex Rd

General Information

Property type
Lifestyle centers
Square Feet
16,670 SF
Lot Size
60,984 SF

Building Details

Year Built
2024
Buildings
1
Units
7

HighLights

  • Experiential retail center with a strong tenant mix.
  • Adjacent to a new childcare center and Class‑A medical office building.
  • High traffic location near GM's largest North American manufacturing facility (4,500 employees).
  • Strong population growth in the area.
  • Significant retail and residential development underway nearby.
  • $12 million road widening project (Duplex Rd.) underway.
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Spring Hill
County
Williamson
State
Tennessee
Longitude
-86.902188228309
Latitude
35.752862478049

FAQs

What type of property is this?
Lifestyle center - High-Yield, 7-Tenant Shopping Center
Where is this lifestyle center located?
The property is located at 2838 Duplex Rd Spring Hill, TN.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Experiential retail center with a strong tenant mix.; Adjacent to a new childcare center and Class-A medical office building.; High traffic location near GM's largest North American manufacturing facility (4,500 employees).
More about this property
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