1084 Murfreesboro pike Nashville | 1084 Murfreesboro Pike
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1084 Murfreesboro pike Nashville 1084 Murfreesboro Pike
2,868 SF Retail Building Nashville, TN 37217 £1,690,277 (£589/SF) 5.71% Net Initial Yield
Investment Highlights
- Highly visible and accessable.
- 40 designated parking spaces on the property.
- 52' feet of frontage, with curb cut, along Murfreesboro Pike.
- Recognizable building includes a drive-thru.
- Across from Walgreens and next to MAPCO Gas and Convience store.
- Along a major traffic artery in Nashville. 2013 Traffic ADT: Right turn 26,708; Left turn out 22,750.
Executive Summary
The investing property is situated on the corner of Murfreesboro pike and Thompson Ln. Nashville tn..Which boasts average traffic counts over 50,000 CPD. also the subject property benefits from well positioned in a highly dense retail corridor consisting of national and local tenants ,shopping centers, banks, gas stations ,strip malls ,wall greens and Kroger ,the property located in about 10 miles from down town Nashville, It is around 1 Acre land so the buyer will be able to expand for 4400 sf more. It is running as a Creek Restaurant ,The sale is including the business value .with a drive through .
Highly visible and recognizable building.
40 designated parking spaces on the property.
Easily accessible from Murfreesboro Pike.
Along major traffic artery in Nashville.
Across from Walgreens and next to MAPCO Gas and Convenience store.
Along Metro's bus line.
Near intersection of E. Thompson Lane and Murfreesboro Pike.
Highly visible and recognizable building.
40 designated parking spaces on the property.
Easily accessible from Murfreesboro Pike.
Along major traffic artery in Nashville.
Across from Walgreens and next to MAPCO Gas and Convenience store.
Along Metro's bus line.
Near intersection of E. Thompson Lane and Murfreesboro Pike.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Building Size
2,868 SF
Building Class
B
Year Built/Renovated
2001/2023
Price
£1,690,277
Price Per SF
£589
Net Initial Yield
5.71%
NOI
£96,587
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.91 AC
Zoning
CL - zoned for commercial use
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
52 ft on Murfreesboro Pike
Amenities
- Pylon Sign
- Security System
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Horus Kabab Gyros
- -
- 2,868 SF
- -
- Negotiable
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Horus Kabab Gyros | - | 2,868 SF | - | Negotiable | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 106-16-0-081 | Improvements Assessment | £119,897 |
| Land Assessment | £136,317 | Total Assessment | £256,214 |
PROPERTY TAXES
Parcel Number
106-16-0-081
Land Assessment
£136,317
Improvements Assessment
£119,897
Total Assessment
£256,214
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1084 Murfreesboro pike Nashville | 1084 Murfreesboro Pike
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