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


