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612 Fesslers Ln & 500 Murfreesboro Pike

0.75 Acres of Commercial Land Offered at $3,000,000 in Nashville, TN 37210

Investment Highlights

  • Situated in a highly desirable commercial district of Nashville.
  • McDonalds has recently extended a forty-year lease for five years beginning September 1, 2023.
  • Property is subject to an absolute NNN ground lease.

Property Facts

Price $3,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 0.75 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $3,000,000
Price Per AC $4,000,000
Lot Size 0.75 AC

The property is subject to an absolute NNN ground lease, meaning the tenant is responsible for all operating expenses, including property taxes,insurance, and maintenance, providing investors with zero landlord responsibilities.

Description

Murfreesboro Pike and Fesslers Lane – This lot is situated in a highly desirable commercial district of Nashville. It has high visibility and great access to major transportation routes such as I-24, I-40, and I-440. South Nashville is transforming as developers are building mixed-use and residential spaces in the area. The total population within a three-mile radius from 500 Murfreesboro Pike and 62 Fesslers Lane is more than 102,276.

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 29169937

  • Date on Market: 8/2/2023

  • Last Updated:

  • Address: 612 Fesslers Ln & 500 Murfreesboro Pike, Nashville, TN 37210

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