Mixed-Use — Office / Warehouse / Recreation — Murfreesboro, TN
605 River Rock Blvd · Murfreesboro, TN · Rutherford County · Stones River Frontage
Property Overview
Positioned on approximately 8 acres in a rapidly expanding corridor of Murfreesboro, the former “Racquet Club” site presents a rare mixed-use investment opportunity with both stabilized assets and significant value-add potential.
The property currently features two newly constructed brick office/retail buildings, a large warehouse with integrated office space, and an active outdoor pickleball facility — offering immediate income-generating capability across multiple asset types.
A key differentiator is the site’s direct access to Tommy Bragg Drive, a newly completed connector providing seamless connectivity to Costco and the high-traffic New Salem Highway corridor. This enhanced infrastructure significantly increases visibility, accessibility, and long-term commercial viability.
The rear of the site boasts over 300 feet of frontage along the Stones River, offering a unique natural amenity that supports potential placemaking, recreational enhancements, or premium positioning for future development.
Building A
Building A is a newly constructed, stick-framed brick office/retail structure totaling approximately ±7,840 SF. Designed for maximum flexibility, the building features four separate entrances and two rear glass overhead doors, accommodating multi-tenant or single-user occupancy.
Building B
Building B is a newly constructed brick office/retail building totaling approximately ±5,000 SF. The building can be demised into three suites of approximately 1,667 SF each, providing future leasing flexibility and upside potential.
605 River Rock Blvd
The original structure at 605 River Rock Blvd — formerly operated as a tennis club — offers approximately ±28,713 SF and presents a versatile mix of office and warehouse functionality.
The front-of-house area includes a lobby, restrooms, and locker rooms, supporting potential reuse for fitness, recreation, or client-facing commercial applications. A two-story office build-out provides ample administrative or tenant office space. The remaining open-span warehouse area offers flexibility for a wide range of light industrial, storage, or adaptive reuse scenarios.
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Outdoor Recreation Component
At the rear of the property, the former tennis courts have been fully redeveloped into a modern pickleball facility, reflecting the rapidly growing demand for recreational and community-driven amenities in Murfreesboro.
The courts have been re-paved and professionally coated with sport surfacing to accommodate a total of 11 pickleball courts, creating a high-capacity, revenue-generating recreational component. The area is enhanced with new site lighting and perimeter fencing, supporting extended hours of operation and a secure environment.
A covered pavilion provides shaded gathering space for players and events, with a renovated storage building that functions as an on-site office.
Future Development
The final component of the property includes a vacant parcel offering over one acre of level, buildable area positioned for immediate development. The site benefits from readily available utilities and approximately 400 feet of frontage along Tommy Bragg Drive — the newly constructed connector linking River Rock Blvd to New Salem Highway.
This parcel provides a strategic opportunity for pad development or future expansion, further enhancing the property’s long-term value and flexibility.
Investment Financials
Rates represent asking rents. Contact listing agent for current lease status and underwriting details. All figures subject to verification.
| Office & Retail Income | |
| Building A (7,800 SF @ $24/SF) | $187,200/yr |
| Building B (5,000 SF @ $24/SF) | $120,000/yr |
| 605 River Rock Blvd | |
| Office (8,015 SF @ $18/SF) | $144,270/yr |
| Warehouse (17,459 SF @ $16/SF) | $279,344/yr |
| Recreation | |
| Outdoor Pickleball Courts (11 courts) | $180,000/yr |
| Land | |
| Vacant Lot | $1,000,000 |
| Total Valuation at 6.5% Cap Rate | $15,012,523 |
Listing Agent
REALTORS® · TN Lic. #315360
450 Saint Andrews Drive, Murfreesboro, TN 37128
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