2780 Wilma Rudolph Blvd, Clarksville, TN 37040-5897
- Outlet malls
- 97,367 SF
- 10.56 lot acres
Current Use by Public Records
- PRP RadiantSage / Medical Clinic
- TNT Fireworks / Discount Store / Party Supply Store
- At Home / Home Decor Store / Department Store
Property Details for 2780 Wilma Rudolph Blvd
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 10.56 lot acres
- Zone code
- C-5
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 032 11202 000
- APU
- 3211202000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 6, 2018 | $10,585,683 | Vereit Real Estate LP | Wilma Rudolph Boulevard LLC | Grant Deed | — |
| Jan 18, 2017 | $4,825,000 | 2780 Wilma Rudolph Boulevard L | Troy Coolidge 1 LLC | Grant Deed | — |
| Dec 11, 2003 | $3,675,000 | Collidge N Troy | Amalgamated Bank | Grant Deed | — |
Description
This exceptional investment opportunity presents a 100,252 square foot At Home storefront located at 2780 Wilma Rudolph Blvd, Clarksville, TN 37040. Situated on a 10.56-acre lot in the Austin Square Shopping Center, this property benefits from its prime location off Interstate 24 (69,500 vehicles per day), offering excellent visibility and accessibility. The property is held in fee simple ownership (land and building), providing complete ownership control. The absolute NNN lease with At Home commenced July 3, 2018, and expires July 31, 2034, offering a remaining lease term of approximately 9.7 years. The lease includes four 5-year renewal options, and features annual rent bumps of 2%. This investment is further enhanced by the absence of state income tax in Tennessee and the strong demographics within the 5-mile trade area. The property's parcel number is 032 11202 000. This is a truly passive investment opportunity with zero landlord responsibilities, offering a secure and profitable return for years to come. The property is located near Governor's Square Mall and Hampton Plaza (232,000 square feet), further solidifying its position within a primary retail corridor.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,540,000
- AI Estimate
- $10,403,000
Market price range: $7.12M - $21.8MMarket price range: $7.12M - $21.8M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $15,415,000 Current use
- MEDICAL BUILDING
- $16,915,000 Change: +10% Conversion: Difficult
- OFFICE BUILDING
- $15,465,000 Change: +0% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.2984
- Latitude
- 36.5857
- CBSA code
- 17300
- CBSA name
- CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA
