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1632 Memorial BlvdMurfreesboro, TN 37130

Prime Murfreesboro retail space, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents Parkside Shopping Center, a single-story, Class B retail property located at 1632 Memorial Blvd in Murfreesboro, Tennessee, zip code 37130. The 77,280 square foot center sits on a 10.92-acre lot (475,675 square feet) and features three suites with a total of 324 parking spaces. Currently, 4,130 square feet are vacant, offering immediate potential for new tenants. The largest contiguous space available is 1,628 square feet. Built in 1978 and renovated in 2017, the property benefits from a CH zoning designation. The property enjoys a high-traffic location on Memorial Blvd, with a daily traffic count of 34,401 vehicles per day, and is conveniently situated near Middle Tennessee State University (MTSU), a rapidly growing university with approximately 22,000 students. This proximity to a large student population and the vibrant Murfreesboro community provides a strong base of potential customers. The annual property taxes are $0.85 per square foot. The center's strategic location, coupled with its recent renovations and ample parking, makes it an attractive option for a variety of retail and restaurant businesses. This property offers a compelling opportunity to capitalize on the growth and development within Murfreesboro, a city committed to fostering business expansion.

Property Details for 1632 Memorial Blvd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
77,280 SF
Class
B
Year Built/Renovated
1978/2017
Buildings
1
Stories
1

Unit(s) available at that property

Space
1640 Memorial Blvd
Size
1,297 SF
Space
1676 Memorial Blvd
Size
1,205 SF
Space
1636 Memorial Blvd
Size
1,628 SF

Location Insight

City
Murfreesboro
County
Rutherford
State
Tennessee
Latitude
35.8652071
Longitude
-86.3873613
1632 Memorial Blvd, Murfreesboro, Tennessee

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1632 Memorial Blvd
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