2535 Madison St Clarksville, TN 37043-3920
This exceptional retail opportunity presents 1,250 square feet of space within the Blue Cord center, a single-story, 9,440 square foot building located at 2535 Madison St, Clarksville, TN 37043. Built in 2003, this property boasts a prime location in the Sango submarket of Montgomery County, enjoying high visibility with an estimated 17,000 vehicles passing daily. The building features a total of eight suites, with one suite currently vacant and immediately available. The minimum divisible space is 1,250 square feet, which is also the maximum contiguous space available. The property sits on 0.86 acres of land and offers ample parking with 22 spaces. The zoning is C-5, allowing for a variety of retail uses. Property taxes are $4 per square foot. A triple net (NNN) lease is required, with a minimum three-year term. This is an ideal location for businesses seeking to establish themselves in a thriving Clarksville community. The building has a floor area ratio (FAR) of 0.25. This property offers a unique chance to capitalize on the growth of this area. Don't miss this opportunity to secure a prominent retail presence in a high-traffic location.
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C-5 - HIGHWAY AND ARTERIAL COMMERCIAL DISTRICT The C-5 Highway and Arterial Commercial District is intended to provide areas in which the principal use of land is devoted to commercial establishments which cater specifically to motor-vehicle-oriented trade. It is further intended to provide appropriate space and sufficient depth from the street to provide fo…
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-5 · Clarksville, TNC-5 - HIGHWAY AND ARTERIAL COMMERCIAL DISTRICT The C-5 Highway and Arterial Commercial District is intended to provide areas in which the principal use of land is devoted to commercial establishments which cater specifically to motor-vehicle-oriented trade. It is further intended to provide appropriate space and sufficient depth from the street to provide for the orderly development and concentration of appropriate highway and arterial commercial uses at suitable locations, and to encourage the clustered development of such uses to minimize traffic hazards and interference with other uses in the vicinity, rather than to encourage the spread of strip commercial development. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.3.25
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.
