CAVA | 2963 S Church St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
CAVA 2963 S Church St
2,595 SF Retail Building Murfreesboro, TN 37127 £2,539,002 (£978/SF) 5% Net Initial Yield
Investment Highlights
- New 15-Year NNN Lease to CAVA (NYSE: CAVA)
- Highly Functional Footprint Featuring Drive-Thru Component
- 1.5 Miles from the Highly Trafficked Interstate 24 Arterial – 138,023 AADT
- 10% Rental Escalations Every 5 Years in Primary Term & Options – Provides Hedge Against Inflation
- Excellent Access and Visibility Along S. Church Street - 52,028 AADT
- Low Submarket Vacancy of 1.8%
Executive Summary
South Boro is prominently located with excellent access and visibility along South Church Street (50,028 AADT) approximately 1.5 miles from its junction with the I-24 arterial (138,023 AADT). South Church Street is a major arterial, providing easy access to Nashville and other surrounding areas.
The property is conveniently located near major retailers, including Walmart Supercenter (2.3 million annual visits per Placer.Ai), Kroger (1.4 million annual visits, top 20% location in Tennessee), ALDI (328,000 annual visits), Planet Fitness, and Walgreens (394,000 annual visits). It is also conveniently located near The Avenue Murfreesboro (3.4 million annual visits), which features stores like Best Buy, Belk, Haverty’s, Dick’s Sporting Goods, Cost Plus World Market, and Petco. Another notable nearby retail center is The Oaks (3.1 million annual visitors), with anchor stores like Marshall’s, Sportsman’s Warehouse, Ross, and Ashley Homestore.
This property is listed in conjunction with Tennessee-licensed real estate broker Kabat Real Estate Solutions.
The property is conveniently located near major retailers, including Walmart Supercenter (2.3 million annual visits per Placer.Ai), Kroger (1.4 million annual visits, top 20% location in Tennessee), ALDI (328,000 annual visits), Planet Fitness, and Walgreens (394,000 annual visits). It is also conveniently located near The Avenue Murfreesboro (3.4 million annual visits), which features stores like Best Buy, Belk, Haverty’s, Dick’s Sporting Goods, Cost Plus World Market, and Petco. Another notable nearby retail center is The Oaks (3.1 million annual visitors), with anchor stores like Marshall’s, Sportsman’s Warehouse, Ross, and Ashley Homestore.
This property is listed in conjunction with Tennessee-licensed real estate broker Kabat Real Estate Solutions.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,595 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
£2,539,002
Price Per SF
£978
Net Initial Yield
5%
NOI
£126,942
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Land Acres
3.90 AC
PROPERTY TAXES
| Parcel Number | 125-012.02-000 | Improvements Assessment | £0 |
| Land Assessment | £616,239 | Total Assessment | £616,239 |
PROPERTY TAXES
Parcel Number
125-012.02-000
Land Assessment
£616,239
Improvements Assessment
£0
Total Assessment
£616,239
-
Putnam Daily -
Vahe Nokhoudian -
Fisher James Capital
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
CAVA | 2963 S Church St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.