offering memorandum · 2021. 1. 8. · veterans plaza 4403 veterans pkwy 3.65 ac • zoned...

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Veterans Plaza 4403 Veterans Pkwy 3.65 AC Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker JohnMifflin@MifflinREC.com MIFFLINCOMMERCIAL.COM 615.294.2526 REAL ESTATE CO.,LLC

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Page 1: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

Veterans Plaza4403 Veterans Pkwy

3.65 AC • Zoned Commercial$4,260,000 • $26.79/SF

Murfreesboro, TN

OFFERING MEMORANDUM

JOHN MIFFLIN, BrokerJohnMi�in@Mi�inREC.comMIFFLINCOMMERCIAL.COM615.294.2526

R E A L E S TAT E CO. , L LC

Page 2: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

SITE AERIALR E A L E S TAT E CO. , L LC

Veterans Plaza • 3.65 ACZoned Commercial

Page 2 of 10

840

13K AADT

9K AADT

SITE

96 16K AADT

115K AADT

Demographics 3 mile Radius 5 mile radius 10 mile radius

Population

Median HH

Households

Median Age 32.1

14,411

$77,028

68,331

32.9

24,616

$76,330

242,656

33.5

89,552

$68,882

38,637

Blackman

Enrollment: 2,400+High School

Blackman

Enrollment: 1,400+Middle School

BlackmanElementary School

Enrollment: 970

Page 3: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

MARKET AERIALR E A L E S TAT E CO. , L LC

Veterans Plaza • 3.65 ACZoned Commercial

Page 3 of 10

Page 4: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

Page 4 of 10

R E A L E S TAT E CO. , L LC PRELIMINARY PLAT Veterans Pkwy • 3.65 ACZoned Commercial

Page 5: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

R E A L E S TAT E CO. , L LC CONCEPTUAL PLAN Veterans Pkwy • 3.65 ACZoned Commercial

Page 5 of 10

Page 6: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

Page 6 of 10

LOCATION MAPR E A L E S TAT E CO. , L LC

Veterans Plaza • 3.65 ACZoned Commercial

24

SITE

MURFREESBORO

SMYRNA

24 Veterans Pkw

y

Franklin Road

The Avenue

Exit 78

Exit 76

Tra�c Count: 13,459

Tra�c Count: 16,933

Page 7: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

Page 7 of 10

5 year Projected Annual Growth

MiddleTennessee

State University

Stones RiverNational

Battle�eld

Compton

Walter Hill

Leanna

Almaville

Kittrell

Blackman

Bar�eld

Rucker

Rockvale

Valley ViewLofton

Brown Mill

Halls Hill

FloratonDouble Springs

Mankinville

Snell

Concord

Crescent

Little Hope

Gum

Overall

MURFREESBORO

SMYRNA

SITE

GROWTHR E A L E S TAT E CO. , L LC

Veterans Plaza • 3.65 ACZoned Commercial

Page 8: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

Page 8 of 10

Stones RiverNational Battle�eld

OaklandsMansion

Cannonsburg Village

Discovery Centerat Murfree Spring

The Centerfor the Arts

Bar�eldCrescent Park

Historic Downtown

Middle TennesseeState University

Sports Com

Patterson Park

Siegel Soccer Complex& Community Park

The Avenue

Stones RiverMall

Indian HillsGolf Course

Old FortPark & Golf

IN THE AREAR E A L E S TAT E CO. , L LCVeterans Plaza • 3.65 AC

Zoned Commercial

Page 9: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

Page 9 of 10

nty R

t

• Rutherford County Population: 337,508

• Murfreesboro Population: 145,791

• Largest suburb in the Nashville MSA

• Tennessee’s fastest-growing community

• Ranked 6th in the state for retail sales with $5.7 billion in 2019

• No State or Local Tax on Wages, Salaries, or Estates

• Middle Tennessee State University - 21,721 Enrollment

• Motlow State Community College - 2,000+ Enrollment

• Average Home Sale Price: $292,742

• Saint Thomas Rutherford Hospital - 358 Beds

• TriStar Stonecrest Medical Center, Smyrna - 109 Beds

Largest Private Sector Employers Employees

• Nissan North America, Inc. 8,000

• National Healthcare Corporation 2,071

• Ingram Content Group 2,000

• State Farm Insurance Companies 1,650

• Amazon 1,550

• Saint Thomas Rutherford Hospital 1,400

• Asurion 1,250

• Verizon Wireless 1,068

• Bridgestone/Firestone Inc. 1,010

• Square D/Schneider Electric 900

Veterans Plaza • 3.65 ACZoned Commercial COMMUNITY PROFILER E A L E S TAT E CO. , L LC

Page 10: OFFERING MEMORANDUM · 2021. 1. 8. · Veterans Plaza 4403 Veterans Pkwy 3.65 AC • Zoned Commercial $4,260,000 • $26.79/SF Murfreesboro, TN OFFERING MEMORANDUM JOHN MIFFLIN, Broker

The statements, �gures and conclusions contained herein and attached as exhibits were obtained from sources considered to be reliable. Mi�in Real Estate and GMP Realty assume no responsibility for their accuracy. Property is subject to availability and price is subject to change., either or both without notice. Page 10 of 10

EXCLUSIVELY MARKETED BY

R E A L E S TAT E CO. , L LC

John G. Mi�in

201 E. Main St., Ste 420 • Murfreesboro, TN 37130

Veterans Plaza • 3.65 ACZoned Commercial

Gresh Martin