Below Market Rent | Prime Position Across from Walmart | Outparcel Location at Signalized Intersection – Current rent is equal to $22.38 Per SF. Positioned at the intersection of Madison St & MLK Jr Pkwy with a combined 50,210 vehicles per day (VPD), offering immense visibility & access; prime outparcel location on a signalized corner across from Walmart, benefiting from strong daily consumer traffic.
Booming Population Growth in One of TN’s Fastest Growing Counties | Nashville MSA – Located in Middle Tennessee, one of the most desirable & exponentially growing areas in the Nashville MSA with strong long-term real estate fundamentals.
Montgomery County 5-Year Population Growth: 14.6%
Montgomery Average Household Income: $78,956
Surrounded by Major National Retailers – including Walmart, Lowe’s, Publix, Marshalls, Chick-fil-A, Chipotle, Taco Bell, & more, driving consistent consumer activity & foot traffic.
College Town | Austin Peay State University – located in Clarksville, TN and home to over 11,185 students with notable growth in the Business school & strong military-affiliated enrollment at the Fort Campbell Center.
Nearby Fort Campbell Army Base – one of the largest military bases in the Continental United States. Fort Campbell is home to over 240,000 active military & family members, including the 101st Airborne Division.
Long-Term Absolute NNN Lease – Fourteen (14) years remaining in the initial term with an investor friendly lease structure.
Attractive Future Uses Due to the Large Building & Lot Size – an existing 5,500 SF building positioned on over 1.43 acres creates future flexibility & various future uses for investors.
Part of a Larger Portfolio of Ruby Tuesday Assets | Available Individually or as a Package