Smyrna Retail Development Opportunity

Located in Smyrna, Tennessee, the property sits along the established Rock Springs Road commercial corridor, approximately 20 miles southeast of downtown Nashville in Rutherford County. The site benefits from its position within a rapidly expanding suburban market that has experienced over 30% population growth since 2010, with continued projections of 7% growth through 2028. The immediate trade area serves over 8,300 residents within one mile and 113,000 within five miles, with average household incomes exceeding $80,000. Smyrna's strategic location between Nashville and Murfreesboro, combined with significant industrial employment anchors including the Nissan North America manufacturing facility, has driven substantial residential and commercial development throughout the area. The surrounding retail corridor features a mix of national and regional tenants, providing strong co-tenancy and established traffic patterns that support new retail development. The demographics within the primary trade area reflect an affluent, growing population with 46% of households earning over $75,000 annually and a home ownership rate of 55%, indicating strong residential stability and spending power to support retail tenancy.Owner will deliver this development opportunity permit ready to include all utilities, approved drawings, architectural drawings, to asphalt and curbs for $2.8m. Owner will sell the site as-is with no utilities to site for $2.4m. CPX can assist withsecuring tenants.