3550 Shelbyville HwyMurfreesboro, TN 37127

Property Details for 3550 Shelbyville Hwy

Year built

1993

Lot size

8.30 AC

Property size (Sq ft)

2,526 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 2,526 square foot retail property, located at 3550 Shelbyville Hwy in Murfreesboro, Tennessee, presents a lucrative investment opportunity. Currently operating at 100% occupancy as a single-tenant grocery store and pharmacy, this property boasts a gross lease and sits on a substantial 8.3-acre lot. Built in 1993, the building features a composition shingle roof. The asking price is $5,750,000, translating to $2,276 per square foot. The property is zoned residential (Res), although its current use is commercial. A proposed traffic light installation at the south corner of the driveway is currently under city review, promising increased visibility and accessibility. All utilities are available, and new commercial highway utilities are nearby. The property is being sold as-is and the owner will not consider splitting the sale. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving Tennessee market. The property's size and location make it ideal for continued operation or potential redevelopment. Tax records confirm the 8.3-acre lot size and 2,526 square foot building size.

Location Insight

City

Murfreesboro

County

Rutherford

State

Tennessee

Latitude

35.7752

Longitude

-86.4022

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