Local Investor Acquires Clarksville Square Retail Center In Clarksville For $5.6M With Seller's Rep John Dowd & Theresa Johnson

The asset involved in this transaction is an 89,924-square-foot retail shopping center located at 1041 South Riverside Drive in the Clarksville market of Tennessee. The property was sold for $5,600,000, equating to a price per square foot of $62. The shopping center is fully leased to tenants, including Dollar Tree and Big Lots, and features a retail outparcel leased to O’Reilly’s Auto Parts.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,600,000
• Sale Date: 01/15/2026
• Address: 1041 South Riverside Drive
• Market: Clarksville, TN
• Square Footage: 89,924
• Price per Square Foot: $62
• Brokers: John Dowd & Theresa Johnson - The Dowd Companies

The transaction was facilitated by The Dowd Companies, with John Dowd and Theresa Johnson representing the seller. The buyer is a local investor who acquired the property comprising a shopping center and an additional retail outparcel.