2838 Duplex rd - Storefront Retail/Office FOR SALE


Spring Hill, TN 37174
$11,000,000 USD
404-823-6745
2838 Duplex rd, Spring Hill, TN for Sale
$11,000,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 6.3% Cap Rate

2838 Duplex rd
Spring Hill, TN 37174


HIGHLIGHTS

  • Experiential Retail & Complementary Tenant Lineup
  • Adjacent to New Childcare Center & Class-A Medical Office
  • Proximity to the Largest GM Manufacturing Facility in North America - 4,500 Employees
  • Booming Population Growth
  • Substantial Retail & Residential Developments Under Construction Nearby
  • $12 Million Construction Project Underway to Widen Duplex Rd.

OVERVIEW

The Property is a brand new 16,670 square-foot retail center positioned on 1.4 acres of land and is currently being leased to seven (7) best-in-class tenants. BA Coffee, Don Arturo's Mexican Grill, Saladworks, Smile Dentistry, Unity Chiropractic, and Whiskey Hounds offer a unique and diverse shopping experience for customers and complement the needs of the neighboring daycare center, medical office building, and surrounding residents. Each tenant is operating under a new ten (10) year lease with attractive rent bumps. The Property is ideally positioned within a dense mixed-use development featuring a new Learning Experience preschool and a three-story medical office staffed by Williamson Medical Group physicians, Bone and Joint Institute of Tennessee physicians, along with offices for primary care (family and internal medicine), laboratory services, orthopaedic urgent care, an orthopaedic physician clinic and physical therapy. The Property is ideally positioned on a corner lot at the signalized, four-way intersection of Duplex Rd and Port Royal Rd with direct visibility to approximately to 10,024 vehicles per day and easy access to the Interstate 65 interchange.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spring Hill Mixed-Use Development

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

C

APN/PARCEL ID

167-018.06-000

ASK ABOUT THIS PROPERTY

Mike SladichNorthmarqMore Info
404-823-6745

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Mike SladichNorthmarqMore Info
404-823-6745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.