Legacy Commercial Property Acquires Strategically Located Retail Properties in Middle Tennessee

Brentwood, Tenn.-based full-service commercial real estate company Legacy Commercial Property recently announced the addition of two retail properties in Middle Tennessee to its portfolio. Located in Winchester, Tenn., and Cookeville, Tenn., the strip malls strengthen the company’s position as a leading retail partner in the region’s fastest-growing communities.

The Winchester property sits at the heart of one of the city’s most trafficked retail corridors and provides tenants with unmatched co-tenancy and a built-in consumer base: Neighboring properties are home to Walmart, The Home Depot, and Kroger, and the Decherd Boulevard location offers high visibility and boasts more than 21,000 daily traffic counts.

“Middle Tennessee continues to be one of the most compelling retail markets in the country, and these two properties reflect exactly the kind of high-visibility, high-traffic opportunities we seek,” said Ben Hoogland of Legacy Commercial Property. “Our ability to identify and act on assets like these, positioned next to the nation’s strongest anchor retailers, is part of what sets Legacy apart.”

The second property is located at 770 S. Jefferson Ave., directly in front of the second-most-visited Walmart in Tennessee, and with neighbors including Lowe’s, Starbucks, and Chick-fil-A. Its location in one of Cookeville’s busiest corridors offers some of the best-positioned suburban Nashville, Tenn., retail space and places tenants midway between Nashville and Knoxville, Tenn.

Boasting more than 23,000 daily vehicle counts on South Jefferson Avenue and more than 52,000 vehicles per day along nearby Interstate 40, the property also benefits from Cookeville’s position in convenient proximity to Tennessee Tech University, which contributes to creating a diverse and expanding customer base that’s tailor-made for retail growth.

“These acquisitions place our tenants directly in the middle of two strategically important retail corridors in Tennessee,” said Brent Conley, senior director of acquisitions and development at Legacy Commercial Property. “In Cookeville, Lowe’s is operating as the state’s second‑busiest location; Walmart as one of Tennessee’s top-performers; and major brands like Aldi, Starbucks, Dunkin’, and Chick‑fil‑A all ranking among the top tier of statewide locations. This level of performance is no coincidence — it reflects sustained consumer demand throughout the South Jefferson corridor. Winchester, meanwhile, continues to benefit from strong co‑tenancy and steady retail growth, making it an equally compelling market for operators looking to expand. We’re committed to strengthening both corridors with tenant mixes that build on the momentum created by these national anchors.”