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New Construction Retail Space
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115 N Thompson Ln, Murfreesboro, TN 37129

Newly built retail space offered through a ground lease structure.

Property Size4,500 SF
Price / SF$727.78
Days on Market202

Property Features for 115 N Thompson Ln

General Information

Standard status Active
Size 4,500 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $196,500

Additional Details

Cap Rate 6%

Building Details

Year Built 2026
Buildings 1
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Feb 9 Changed: Aug 29 Last Checked: Aug 29 at 1:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners

Investment Insights

Based on property information with market context.

This 4,500-square-foot retail space was built in 2026 and is offered under a ground lease. The property is identified as City BBQ and carries a 6.00% CAP designation.

Located at 115 N Thompson Ln in Murfreesboro, Tennessee, the asset provides a retail-focused commercial opportunity in a newly constructed building.

Key Highlights

  • 4,500 square feet of retail space
  • Built in 2026
  • Ground lease structure

Property Analytics

Current Use

Hometown Family Medical Medical Clinic Charles Tessier Pediatrician Bonnaire Harry MD Physician Timothy Moore Physician Dr. Michael Stafford Physician

Suggested Use

Top Pick HVAC Service Plumbing Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,227
Businesses Nearby
817k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 19% Superstores 18% Home Improvements & Furnishings 8%
Walmart Superstores
150,560 visits/mo 0.2 miles
Chick-fil-A Dining
62,594 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
61,622 visits/mo 0.4 miles
Texas Roadhouse Dining
47,843 visits/mo 0.5 miles
Ross Dress for Less Apparel
45,778 visits/mo 0.5 miles

Demographics for 37129, TN

60,494
Population
24,548
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
80.0 sq mi
ZIP Area
756
Density / Sq Mi
$89,772
Median Household Income
$48,137
Median Earnings
$1,597
Median Rent
$371,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Newly built retail space offered through a ground lease structure.
Where is this retail space located?
The property is located at 115 N Thompson Ln Murfreesboro, TN.
What is the asking price?
The asking price for this property is $3,275,000.
What are key features of this property?
This property features: 4,500 square feet of retail space; Built in 2026; Ground lease structure
(704) 375-7771 Call to check price and availability
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