Investment Highlights

  • Value Add Opportunity FedEx occupies 24.42% of the gross leasable area and has a lease expiration date of 2/28/28 with a 5-year option term at market rate. FedEx is currently paying $18.00 per square foot net. Sleep Number is currently paying $38.89 per square foot net and Army Navy is currently paying $40.00 per square foot net.
  • Clarksville, Tennessee 48 miles west of Nashville, Tennessee via I-24. It’s experiencing rapid growth and home to Fort Campbell Army Base and the 101st Airborne Division. Other notable employers are Austin Peay University, Hancook Tire, and Trane and Korean manufacturer LG.
  • Governor’s Square Mall Shops of Wilma Rudolph is located at the entrance to the 1,100,000 square foot Governor’s Square Mall. The mall draws from a trade area population of over 400,000 residents. Dave and Busters announced in February 2024 that it has signed a lease for 34,556 square feet in the mall. Anchor tenants include HomeGoods, Burlington, Dick’s Sporting Goods, ROSS Dress For Less, Old Navy, Best Buy, AMC Theater, Dillard’s, Belk Outlet and JCPenney.

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Shops of Wilma Rudolph Boulevard

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