Murfreesboro, Tennessee, is an attractive location for investors seeking to purchase Shopping Centers, with 1 available listings. The city's strategic location, approximately 34 miles southeast of downtown Nashville, makes it an ideal spot for businesses to thrive. Shopping Centers in Murfreesboro represent a diverse range of investments, from small strip centers to large retail complexes, offering a variety of opportunities for investors. The city's strong infrastructure, including the public transportation system called Rover and the Murfreesboro Greenway System, ensures easy access to these properties. Additionally, the presence of Middle Tennessee State University, the largest undergraduate university in the state, contributes to the city's economic growth and stability. Murfreesboro's geographic location, at the center of Tennessee, also makes it an attractive spot for businesses, with easy access to major highways and transportation facilities.
Murfreesboro's Shopping Centers benefit from the city's growing population, which has experienced significant growth since the 1990s. The city's economy is driven by major industries such as retail, healthcare, and education, with large corporations like National Healthcare Corporation (NHC) and Bank of America based in the area. In addition to Shopping Centers, Murfreesboro offers a range of other property types, including Restaurants, Specialty Properties, Land, and Office Properties. Restaurants in Murfreesboro benefit from the city's growing population and tourist attractions, such as the Stones River National Battlefield. Specialty Properties, like the Discovery Center at Murfree Spring, offer unique investment opportunities. Land and Office Properties in Murfreesboro are also in high demand, driven by the city's growing economy and population. With its strong infrastructure, diverse economy, and growing population, Murfreesboro is an attractive location for investors seeking to purchase Shopping Centers or other property types.
What is the average cap rate for shopping centers in Murfreesboro?
The average cap rate for shopping centers in Murfreesboro is 7.35%, making it an attractive investment opportunity for those looking to capitalize on the city's growing retail sector, which is supported by a diverse range of industries, including healthcare, education, and finance.
