5158 Beckwith Rd Mt. Juliet, TN 37122
- Lifestyle centers
- 784,080 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 5158 Beckwith Rd
- Property size
- 784,080 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 18-acre development opportunity in Mt. Juliet, Tennessee, presents a compelling investment prospect. Located at the northeast quadrant of I-40 and Golden Bear Gateway, this property boasts over 1,700 feet of high-visibility I-40 frontage. Zoned CI - Interstate Commercial, it offers significant potential for a diverse range of uses. A proposed development plan, approved by the City of Mt. Juliet, includes two restaurants, a retail strip center, a hotel, and a 50,000-square-foot retail sales and service center. Phase 1 construction plans are pending final approvals. The property's strategic location provides easy access to major transportation arteries and is proximate to established businesses including Legacy Pointe office/medical/retail center, Tri-Star Emergency facility, Amazon, FedEx, the new Costco, and a proposed HCA hospital, as well as over 1,000 new housing units. The total square footage is 784,080 square feet, with an asking price of $8,000,000 ($10.20/sq ft). Comprehensive environmental Phase I studies and core drilling are complete, with documentation readily available. This is a rare chance to acquire a large, strategically located parcel with significant development potential in a rapidly growing area. The property is offered for sale by owner.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mt. Juliet
- County
- Wilson
- State
- Tennessee
- Longitude
- -86.452819
- Latitude
- 36.180431
