Clarksville Sango Shopping Center | Brand New Construction
$1,090,000
2421 Highway 41A, Clarksville, TN 37043
For Sale
Retail
Free Standing
Active
Last Updated: 08/18/2022
7.05
Cap Rate
76,840
NOI
Details:
Cap Rate: 7.05%
NOI: $76,840
Building Size: 5,000 sqft
Lot Area: 1.44 acres
Year Built: 2017
Price Per Sqft: $218
Zoning: C
Parking Spots: 20
Highlights:
- Great Visibility
- High Traffic Counts
- Highest Growth Submarket of Clarksville
- Strong Rent Roll
- Good Term on Leases
- Brand New Construction
- Concrete Pad Parking
Description:
Through large economic growth, Clarksville has become Tennessee's fifth largest city. In addition to the nearby presence of Ft. Campbell Army Base (estimated at 180,000 troops), Clarksville has recently landed such large companies as Google (regional fiber optic center), Handcook Tire (large Japanese based tire giant) and LG.
The submarket that the subject property is situated in is known as Sango. This particular submarket has the highest growth in the Clarksville marketplace.
Documents:
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Offering Memorandum
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Executive Summary
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Location
Gallery
