Shelbyville Square OM

Shelbyville, TN, located in Bedford County, is a growing suburb in Middle Tennessee, just 50 miles southeast of downtown Nashville. With its proximity to the booming Nashville metro area, Shelbyville is becoming an attractive option for businesses and residents seeking more affordable real estate and development opportunities. The area offers a strategic location for commercial growth, benefiting from the region’s expanding infrastructure and access to major highways, while still providing a small-town feel with a strong community and increasing economic development initiatives. Shelbyville serves as the county seat of Bedford County, ranking 43rd out of 551 metropolitan areas in the U.S., recognized for the strength of its industrial base, employment levels, economic growth, and worker earnings. Historically known as "The Pencil City" for its wood-cased pencil manufacturing, Shelbyville remains a key site for industry, with major operations such as Tyson, Calsonic Kansei, Newell Rubbermaid, National Pen Corporation, and Jostens. The city also hosts a Tyson Foods facility, a Walmart distribution center, and several nationwide trucking businesses. Shelbyville's central location near major employers, schools, and community centers enhances its commercial appeal. Positioned along U.S. Route 231/North Main Street, Shelbyville Square enjoys excellent visibility and accessibility in a densely populated area. The region, home to over 36,100 residents within a seven-mile radius, has experienced steady population growth, increasing by 1.1% annually from 2010 to 2020, with an expected growth of more than 6% by 2025. With an average household income of over $81,004, residents allocate significant spending toward food, alcohol, pets, and hobbies. Continued suburban development, including 15 apartment complexes within a four-mile radius, signals strong potential for future expansion.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.