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Warfield Towers property on Warfield Boulevard sold

Marcus & MillichapClarksville, TN Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Warfield Towers, a 15,600-square-foot retail property located in Clarksville, Tennessee, according to Joseph W. McKibben, regional manager of the firm’s Nashville office.

Warfield Towers
Warfield Towers

The asset sold for $2,500,000 at a 6.86% capitalization rate.

Alan Treadway, Jr., Gaines Hanks and Bennett Maxwell, investment specialists in Marcus & Millichap’s Nashville office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.   

Warfield Towers is located at 329 Warfield Boulevard in Clarksville, Tennessee. The property was constructed in 1999 on 1.99 acres.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,472 transactions in 2018 with a value of approximately $46.4 billion.

Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors.

To learn more, please visit: www.MarcusMillichap.com.

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