Clarksville, Tennessee, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's growing economy. With a strong presence of industries such as distribution, manufacturing, technology, and services, Clarksville provides a solid foundation for retail businesses to thrive. Retail Properties in Clarksville can represent a variety of investments, from strip centers and shopping malls to freestanding buildings and mixed-use developments. The city's amenities, infrastructure, location, education, and geography make it an ideal place to invest in Retail Properties. For instance, Clarksville is home to Austin Peay State University, which attracts a large student population, and Fort Campbell, a United States Army post, which brings in a significant military presence. The city's location near the Cumberland River and its proximity to Nashville also make it an attractive location for businesses and residents alike. Additionally, Clarksville is served by major roads and highways, including U.S. Route 41A and Interstate 24, making it easily accessible. The city's many attractions, such as the Roxy Theatre, Governor's Square Mall, and the Customs House Museum, also contribute to its appeal as a great place for business and travel.
With 6 Retail Properties For Sale in Clarksville, investors have a wide range of options to choose from. The city's retail landscape is diverse, with properties ranging in size from 1,676 square feet to 100,252 square feet, and prices averaging $675 USD per square foot. In addition to Retail Properties, Clarksville also offers a range of other property types, including Shopping Centers, which can be found along major roads like U.S. Route 41A and Wilma Rudolph Boulevard; Restaurants, which are popular in areas like Downtown Clarksville and near Austin Peay State University; Office Properties, which are in high demand near the city's major employers, such as Amazon and Google; and Hotels, which cater to the city's many visitors and business travelers. Overall, Clarksville's Retail Properties offer a unique combination of location, amenities, and investment potential, making them an attractive option for investors and business owners alike.
What is the average cap rate for retail properties in Clarksville?
When it comes to retail properties in Clarksville, investors can expect an average cap rate of 5.85%, which is a key metric to consider when evaluating potential investments. For those new to commercial real estate investing, it's essential to understand what a cap rate is and how it's calculated, which is why we've put together a comprehensive guide on the topic at what is a cap rate.
How do location and foot traffic affect retail property values?
In Clarksville, Tennessee, the location and foot traffic of retail properties significantly impact their values. Properties situated in high-traffic areas, such as downtown Clarksville, near major roads like U.S. Route 41A and Interstate 24, or close to popular attractions like Governor's Square Mall and the Customs House Museum, tend to have higher values due to increased visibility and accessibility, which can attract more customers and drive business success.
