7-Eleven | 1509 Joe B Jackson Pky
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7-Eleven 1509 Joe B Jackson Pky
5,703 SF Retail Building Murfreesboro, TN 37127 $7,570,000 ($1,327/SF) 5.15% Cap Rate
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
Building Size
5,703 SF
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
Lot Size
2.40 AC
Zoning
COMM - Commercial
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $481,040 | |
Land Assessment | $786,040 | Total Assessment | $1,267,080 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$786,040
Improvements Assessment
$481,040
Total Assessment
$1,267,080
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7-Eleven | 1509 Joe B Jackson Pky
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