Shops-Wilma-Rudolph_Clarksville

Matthews Negotiates Sale of 10,031-Square-Foot Retail Center in Northern Tennessee

by Abby Cox

Clarksville, Tenn. — Matthews has negotiated the sale of Shops of Wilma Rudolph, a 10,031-square-foot retail center located at 3031 Wilma Rudolph Blvd. in Clarksville, about 46 miles northwest of Nashville.

A private investor based in north Alabama purchased the center from the seller, a development firm based in Tennessee, for more than $5 million. Hutt Cooke and Robert Tate of Matthews represented the seller in the transaction.

Shops of Wilma was fully leased at the time of sale to Sleep Number, FedEx Office and a U.S. Army Recruiting Station, all of which operate on triple-net leases.

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