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2780 Wilma Rudolph Blvd Clarksville, TN 37040

At Home storefront, NNN lease, strong returns.

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • Absolute NNN lease, fee simple ownership.
  • 2% annual rent increases.
  • Four, five-year lease options.
  • Zero landlord responsibilities.
  • Strong demographics and affluent community within a five-mile radius.

Property Details for 2780 Wilma Rudolph Blvd

Property type
Retail properties, Retail space
Square Feet
100,252 SF
Lot Size (sq. ft)
459,994 SF

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.5858165
Longitude
-87.2986619

FAQs

What type of property is this?
Retail property - At Home storefront, NNN lease, strong returns.
Where is the retail property located?
The property is located at 2780 Wilma Rudolph Blvd Clarksville, TN.
What are key features of this property?
This property features: Absolute NNN lease, fee simple ownership.; 2% annual rent increases.; Four, five-year lease options.
How can I contact the broker?
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2780 Wilma Rudolph Blvd
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