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7-Eleven 1509 Joe B Jackson Pky

5,703 SF Retail Building Murfreesboro, TN 37127 £6,022,086 (£1,056/SF) 5.15% Net Initial Yield

Investment Highlights

  • 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+
  • 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

Executive Summary

New 15-Year Corporate Absolute NNN Lease with 7.5% Rent Increases Every 5 Years. Features a Laredo Taco & Raise the Roost Chicken

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,703 SF
Building Class
C
Year Built
2015
Price
£6,022,086
Price Per SF
£1,056
Net Initial Yield
5.15%
NOI
£310,106
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
2.40 AC
Zoning
COMM - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 126-048.11-000
  • 126-048.00-000
Land Assessment
£625,311
Improvements Assessment
£382,677
Total Assessment
£1,007,987
  • Listing ID: 31726978

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 1509 Joe B Jackson Pky, Murfreesboro, TN 37127

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