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2711 Medical Center Pky 9,167 SF 100% Leased 4-Star Retail Building Murfreesboro, TN 37129 $9,631,848 CAD ($1,050.71 CAD/SF) 5.78% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Premier location fronting The Avenue and Clari Park in Murfreesboro’s top retail district
  • Positioned along Medical Center Parkway with 38,000+ vehicles per day
  • Direct access to I-24 and major arterials for exceptional connectivity
  • 100% leased to strong national credit tenants
  • Modern 2019 construction featuring a high-demand Starbucks drive-thru

EXECUTIVE SUMMARY

Located at 2711 Medical Center Parkway in Murfreesboro, Tennessee, this premier 9,167-square-foot retail center offers a high-visibility investment opportunity with a strong tenant lineup that includes Starbucks, Aspen Dental, and Mattress Firm. The on-site Starbucks sees approximately 173,000 visits annually, underscoring the property’s exceptional traffic and consumer draw. Positioned at the gateway to The Avenue Murfreesboro—one of the region’s largest open-air shopping destinations—and adjacent to the mixed-use Clari Park development, the center benefits from outstanding visibility and a rapidly growing trade area. This stabilized asset presents investors with reliable cash flow in one of Middle Tennessee’s most active commercial corridors.

ATTACHMENTS

2711 MCP_OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,167 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2014
Price
$9,631,848 CAD
Price Per SF
$1,050.71 CAD
Cap Rate
5.78%
NOI
$556,972 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.31 AC
Parking
49 Spaces (5.35 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Jan 0000

At Aspen Dental, they're dedicated to providing more people with the dental care they need, when they need it. Since 1998, they've had one mission at Aspen Dental: To make sure more Americans have access to quality dental care.

  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

For the past 90 years, Mattress Firm and their family of companies have been delivering better sleep by matching customers with their perfect mattress at the perfect price. What started as a few stores has grown into America’s largest specialty mattress store, with thousands of neighborhood stores nationwide. Each Sleep Expert® begins their career with 80 hours of training. But training can only go so far, and that’s where Mattress Firm is different. They believe the best way to guarantee unparalleled service to customers worldwide is to have happy, inspired employees. They have built a culture where people love to come to work and always wake up on the right side of the bed.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Jan 0000

Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance 99,999 SF - Jan 0000
Retailer 99,999 SF - Jan 0000
Accommodation and Food Services 99,999 SF - Jan 0000

NEARBY MAJOR RETAILERS

Bar Louie
Newk's Eatery
Buffalo Wild Wings
Mimi's Cafe
Chili's Grill & Bar
LongHorn Steakhouse
Nathan's Famous-delivery Only
Chicken Salad Chick
Mission BBQ
BJ's Restaurant & Brewhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
092-094.04-000
Land Assessment
$1,203,211 CAD
Improvements Assessment
$764,865 CAD
Total Assessment
$1,968,076 CAD
  • Listing ID: 36362403

  • Date on Market: 2025-06-23

  • Last Updated:

  • Address: 2711 Medical Center Pky, Murfreesboro, TN 37129

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