Dentist Multitenant Multifamily — Sale in Clarksville, TN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Clarksville, TN 37043
Investment Figures
- Cap rate
- 7.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Three-tenant retail strip center anchored by a dental office, situated on a large parcel with strong visibility and access. The property also includes a separate 4-unit apartment building at the rear, providing additional income diversification. Excess land offers significant upside through future expansion or redevelopment, making this an attractive value-add or long-term hold opportunity. Investment Highlights: • 2022 construction featuring a DSO-backed medical anchor and a fully stabilized quadplex delivering diversified income • $251K gross annual revenue with approximately $240K NOI supported by near-NNN retail leases and minimal landlord expense exposure • Strong Clarksville market fundamentals and comparable sales support premium pricing and long-term rent growth
Market Context
This retail in Clarksville, TN is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Clarksville, TN — view the full market.
Contact
- Andrew Phipps · (615) 997-2843 · andrew.phipps@marcusmillichap.com
- Elliott McElwain · (615) 997-2881 · elliott.mcelwain@marcusmillichap.com
- Hank Harvego · (615) 997-2855 · hank.harvego@marcusmillichap.com
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