116 Merchants Blvd Clarksville, TN 37040-1536
This exceptional 2,450-square-foot office suite is situated in a highly sought-after Clarksville, Tennessee location at 116B Merchants Blvd, zip code 37040. The single-story building, zoned C-3, offers a well-designed layout perfect for a variety of professional uses, including medical practices. The space boasts a spacious waiting area with a pass-through window to the administrative area, seven private offices (all with windows), a large conference room, a dedicated file room, two restrooms, a break area, and ample storage. Modern finishes are evident throughout, creating an attractive and efficient workspace. The property benefits from abundant parking and is conveniently located within an attractive office park setting, providing easy access to Clarksville's bustling commercial center. This is a Modified Gross Lease, with the landlord covering real estate taxes, insurance, and exterior maintenance. The tenant is responsible for all other operating expenses. Currently tenant-occupied until November 30, 2024, this presents a fantastic opportunity for future occupancy. The property is in Montgomery County and offers a highly accessible location for clients and employees. This turnkey solution combines a desirable location with a functional and aesthetically pleasing interior.
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Bankers Title & Escrow Title Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Clarksville, TNClarksville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.