Ruby Tuesday

2239 Madison Street, Clarksville, TN

$2,351,000

Price

 
 
Overview
Description

Both Ruby Tuesdays Available Individually:
-New 20-year absolute NNN corporately guaranteed leases
-Excellent store sales; healthy 8% rent to sales ratio
-1.5% annual rental increases
-Zero landlord responsibilities


CLARKSVILLE, TN (CLOSE PROXIMITY TO NASHVILLE)
-Signalized High-Traffic Intersection: Combined 43,000 CPD at the signalized intersection of M.L.K. Jr. Parkway and Madison Street
-Oversized Lot: Ruby Tuesday sits on the hard corner with an oversized 1.43-acre lot
-Strong Retail Corridor – Across From Walmart: Directly across from Walmart Supercenter and a newly developed Food Lion, Ross, Marshalls, and Planet Fitness
-Close Proximity to Nashville: Clarksville is 45 minutes outside of Nashville, the largest city in the state of Tennessee


ALEXANDER CITY, AL (GATEWAY TO LAKE MARTIN)
-Prominent Highway Location: Situated along U.S. Highway 280, the major highway traveling through Alexander City with over 27,000 CPD
-3 Miles to Lake Martin (44,000 Acres, $4.7B Economic Impact): Lake Martin is one of the largest man-made lakes in the world with 800 miles of shoreline (Estimated 400,000+ annual visitors)
-Major Retail Corridor: Nearby national tenants include Walmart Supercenter, Winn Dixie, Walgreens, Dollar Tree, Tractor Supply, Harbor Freight, McDonald’s, and more
-Close Proximity to Montgomery and Birmingham: Alexander City is within the Montgomery-Selma-Alexander City CSA and is 50 miles outside Montgomery and 71 miles from Birmingham

Highlights
  • In Association with ParaSell, Inc | P: 949.924.6578 | A Licensed Tennessee Broker #264531
Documents
Title
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Location
Gallery