Business for Sale in Clarksville, TN
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Clarksville, TN 37040
Description
7.13 Years Remaining on Freestanding QSR with Drive-Thru | March 2026 Remodel | Arby’s Restaurant Group Corporately-Guaranteed Absolute NNN Lease - No Landlord Responsibilities | Three 5-Year Options | 10% Rental Increases Every Five Years High Traffic Exposure: (111,037 Combined VPD) Located in a Highly Trafficked Downtown Area Surrounded by National Retailers | Located at the Intersection of N 2nd Street and N Riverside Dr University Location: Adjacent to Austin Peay State University with Over 11,000 in Student Enrollment and Staff Property is Located Near the Vulcan Redevelopment Project, a 30-Acre Downtown Redevelopment Initiative Intended to Transform Downtown Clarksville into a Walkable Urban District | The Redevelopment Includes Approximately 330 Apartments, 65,000+ square feet of Retail Space, a Grocery Store, and Entertainment and Public Space Features Excellent Demographics: Five-Mile Population is 100,001 and Five-Mile Average Household Income is $73,799 Clarksville is a fast-growing city on the Tennessee-Kentucky Border and is the Heart of the Clarksville TN-KY MSA with Over 351,000 Residents | Clarksville is Experiencing a Population Boom with a Population Growth of 24% Since 2010 Clarksville’s Retail Sector is Expanding Rapidly with Many New Mixed-Use Developments Underway or Planned, Downtown Revitalization Efforts, and Expanding Retail Corridors. Clarksville is Located Just 45 Miles Northwest of Nashville | Downtown Clarksville is 10 Miles from Fort Campbell, One of the Largest US Army Installations in the US | Home to the 101st Airborne Division, Fort Campbell Supports Over 241,000 Active Military, Family Members, Civilians, and Retired Personnel and is a Major Factor in Clarksville’s Economy Investment Highlights: • 7.13 Years Remaining on Freestanding QSR with Drive-Thru | March 2026 Remodel • Arby's Restaurant Group Corporately-Guaranteed Absolute NNN Lease - No Landlord Responsibilities | Three 5-Year Options • University Location: Adjacent
Market Context
This food service in Clarksville, TN is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 68 days. Compare it against other food service listings for sale in Clarksville, TN — <a href="/search/sale/other/tennessee/clarksville">view the full market</a>.
Contact
- Damien Yoder · (317) 218-5314 · damien.yoder@marcusmillichap.com
- Madison K. Harman · (317) 218-5325 · madison.harman@marcusmillichap.com
- Jody McKibben · (615) 997-2800
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