Walmart Shadow Center

Walmart Shadow Center

2804-2886 S. Rutherford Blvd.
Murfreesboro, TN

Price: $8,530,000
Cap: 7.00%
NOI: $596,968
Building Size: 45,640 SF
Lot Size: TBD

Investment Highlights

WALMART SUPERCENTER SHADOW CENTER
• The subject property is a 45,640 SF Walmart Supercenter shadow anchored retail center located in the Nashville MSA
• The property is 96% leased and includes national brands such as Dollar Tree, Hibbett Sports, CATO, Sally Beauty, & more
• This Center is Shadow Anchored by a high-performing Walmart since 2003 | Walmart owns the Walmart
• Strong Tenant History | Average Tenant Occupancy: 12.81 Years

STRATEGIC LOCATION | REGIONAL TRADE AREA
• Just off Campus, this location ser ves as the primary Walmart to Middle Tennessee State University (21,721 Students & 2 ,200+ Staff)
• Ideally Situated at the intersection of S Rutherford Rd. (23,551 VPD) & John Bragg HWY (17,511 VPD)
• The subject property is the dominant retail center in the market and draws f rom a 20-mile trade area

DENSE & RAPIDLY GROWING DEMOGRAPHICS
• 5-Mile Population: 103,008
• 5-Mile Avg. Household Income: $77,884
• 5-Mile Population Growth: 8.54%

MURFREESBORO, TN | NASHVILLE MSA | TENNESSEE’S FASTEST GROWING CITY
• Murfreesboro is a city in and county seat of Rutherford County and served as the state capital f rom 1818 to 1826, now superseded by Nashville
• Murfreesboro has boomed as Tennessee’s fastest-growing major city and one of the fastest-growing cities in the country since the 1990’s
• Today, it is the largest suburb of Nashville and the sixth-largest city in Tennessee
• Murfreesboro is home to Middle Tennessee State University, the second largest undergraduate university in the state of Tennessee, with 21,721 total students & 2,200+ Staff

Zach Taylor
Eric Abbott
OFFERING MEMORANDUM

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