About This Restaurant
Investment Highlights
New 15-Year Corporate Absolute NNN Lease with 7.5% Rent Increases Every 5 Years. Features a Laredo Taco & Raise the Roost Chicken Average Household Income Demographics of $73,125, $83,843 and $73,148 within a One, Three and Five Mile Radius 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores Excellent Highway Location on Joe B Jackson Parkway at the Entrance to Interstate 24 (51,000+ VPD) Benefits from Close Proximity to Numerous Large Employers Including: FedEx Ground, BNA3 Amazon Fulfillment Center, & Many More Murfreesboro | Located in the Nashville MSA | Population: 130,968+
Executive Summary
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Convenience Store Convenience Store General Retail Freestanding General Retail Restaurant General Retail Storefront Convenience Store
- Building Size 5,703
- Building Class C
- Year Built 2015
- Price 7,570,000
- Price Per SF 1,327
- Cap Rate 5.15
- NOI 389,816
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 2.40 AC
Property Taxes
| Parcel Number | 126-048.11-000 126-048.00-000 | Improvements Assessment | $786,040 |
| Land Assessment | $481,040 | Total Assessment | $1,267,080 |
| Date Created: | 2024-07-16 04:23:39 | Last Updated: | 2024-07-16 04:23:39 |
| Address: | 1509 Joe B Jackson Pky , Murfreesboro, Tennessee, 37127 | ||