Shelbyville Square | 1020 N Main St
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Shelbyville Square 1020 N Main St
18,900 SF 87% Leased Retail Building Shelbyville, TN 37160 $8,504,820 CAD ($450 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Shadow-anchored by Kroger
- Positioned in Shelbyville's most active commercial corridor (26,182 cars per day)
- Prime investment opportunity in a growing Middle Tennessee suburb and located 52 miles from downtown Nashville
- 100% occupied with a tenant mix of national retailers and local businesses
- High-quality, recently constructed center with long-term stability and growth potential
Executive Summary
Shelbyville Square is an 18,900 SF retail center on N Main Street in Shelbyville, TN, shadow-anchored by Kroger. Built in 2018 on 2.92 acres, the property offers 81 parking spaces and presents a prime investment opportunity in this fast-growing Middle Tennessee suburb. Located just 52 miles from downtown Nashville, Shelbyville Square benefits from increasing commercial activity and population growth. The center is 100% occupied, with a diverse tenant mix that includes national retailers such as Petsense and Pizza Hut, along with local and regional businesses like Queen Nails, La Michoacana, and Revaira. Positioned in Shelbyville's most active commercial corridor, this high-quality, recently constructed center offers long-term stability and future growth potential for investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
18,900 SF
Building Class
A
Year Built
2018
Price
$8,504,820 CAD
Price Per SF
$450 CAD
Cap Rate
6.50%
NOI
$552,813 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.82 AC
Opportunity Zone
Yes
Zoning
C
Parking
81 Spaces (4.29 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- K
- 2,450 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| K | 2,450 SF | Retail | - | Now |
K
| Size |
| 2,450 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 078J-K-001.01 | Improvements Assessment | $1,046,814 CAD |
| Land Assessment | $112,867 CAD | Total Assessment | $1,159,681 CAD |
PROPERTY TAXES
Parcel Number
078J-K-001.01
Land Assessment
$112,867 CAD
Improvements Assessment
$1,046,814 CAD
Total Assessment
$1,159,681 CAD
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Shelbyville Square | 1020 N Main St
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