Photo 1
Photo 2
Photo 3

Description

Irongate Village is a fully leased retail center in a high-traffic, densely populated area of Murfreesboro, TN, featuring a strong mix of national, regional, and service-oriented tenants that support consistent consumer demand and long-term stability. Located along Memorial Boulevard, a key commercial corridor, the property benefits from excellent visibility and access, reinforced by solid demographics and continued regional growth. Its position within the expanding Nashville MSA, coupled with Murfreesboro’s growing population and economy, supports sustained foot traffic and long-term investment appeal.

Listing Details

  • Cap Rate

    5.93%

  • Tenancy

    Multi

  • Space Type

    retail

  • Sub Category

    convenience-store / strip-centers

  • Sale Type

    Investment Sale

  • Date Listed

    4/8/2026

  • Net Operating Income

    $320,244

  • Parking Info

    80 Spaces (1.13 Spaces per 1000 SF Leased)

  • Building FAR

    0.11

Property Specifics

  • Property Name

    Irongate Village | 2327-2369 Memorial Blvd

  • Property Class

    B

  • No of Buildings

    1

  • No of Stories

    1

  • Year Built

    1999

  • Building Size

    15,156 SF

  • Lot Size

    3.3 Ac

  • APN

    069-074.01-000

  • Zoning

    CH

  • Occupancy

    100%

Property Amenities

Location Amenities

Airport
Commuter Rail
Public Transportation