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3031 Wilma Rudolph Blvd, Clarksville, TN, 37040

Shops of Wilma Rudolph
$5,349,000

Key Information

Cap Rate
6.32%
Tot. SF
10,031
Year Built
1995 / R 2018
Type
Shopping Centers
Occupancy
100%
NOI
$338,228

Highlights

  • Value-Add Opportunity – FedEx is currently paying well below market rent at $18 PSF with rent to be set at market rate at their next option period in 2/28/2028.
  • National Tenant Roster – Shops of Wilma Rudolph is leased to nationally recognized, strong credit tenants.
  • NNN Lease Structure – All tenants are paying their pro-rata share of operating expenses. Limiting landlord exposure to inflationary pressures.
  • Strip Center Intrinsics – Shops of Wilma Rudolph embodies the low risk associated with smaller, leasable tenant spaces.
  • Attractive Retail Design – Newly remodeled as of 2018: Features prominent signage, ample parking, easy access, and high visibility, ideal for tenant success and consumer convenience.
  • Across From Top Performing Walmart – This is the number one Walmart Location in Tennessee and ranks in the 98th Percentile nationally (Per AlphaMaps).

Photos

Location

Agents

Financing Agents

Broker of Record

Hutt Cooke

License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203