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NNN Oil Change Property
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115 Welcome Ln, Clinton, TN 37716

Automotive service facility subject to a long-term NNN lease with renewal options and scheduled increases.

Property Size1,836 SF
Price / SF$1,132
Days on Market159

Property Features for 115 Welcome Ln

General Information

Standard status Active
Size 1,836 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Oliver Smith Realty & Development Company
Listed By: Ethan Davenport · License #375369
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 5:13PM

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 Oliver Smith Realty & Development Company

Investment Insights

Based on property information with market context.

This 1,836 SF automotive service property occupies 0.49 acres in Clinton, Tennessee. The facility operates under a NNN lease with a 15-year base rental term, 10% increases every 5 years, and four additional 5-year options that also include 10% increases. The operating franchisee currently manages 16 Take 5 Oil Change locations.

The property is positioned on N Charles G Seivers Blvd near I-75, with reported traffic counts of 24,758 and 50,603, respectively. Nearby retailers and restaurants include Arby’s, Bojangles, Sonic, Walgreens, Starbucks, McDonald’s, and Walmart. Population within the 3-mile, 5-mile, and 7-mile areas is 6,910, 20,164, and 38,199, while average household income across those areas is $101,326, $77,940, and $78,704.

Key Highlights

  • 1,836 SF automotive service property on 0.49 acres
  • NNN lease includes a 15‑year base rental term
  • Four 5 year options with 10% increases

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Electrical 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

235
Businesses Nearby
259k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 24% Hotels & Casinos 4% Apparel 2%
McDonald's Dining
28,551 visits/mo 0.2 miles
BP Shops & Services
22,209 visits/mo 0.3 miles
Starbucks Dining
18,922 visits/mo 0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
14,984 visits/mo 0.3 miles
Speedway Shops & Services
13,537 visits/mo 0.2 miles

Demographics for 37716, TN

25,920
Population
11,461
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
83.5 sq mi
ZIP Area
310
Density / Sq Mi
$61,250
Median Household Income
$40,713
Median Earnings
$887
Median Rent
$220,500
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?
NNN property - Automotive service facility subject to a long-term NNN lease with renewal options and scheduled increases.
Where is this nnn property located?
The property is located at 115 Welcome Ln Clinton, TN.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: 1,836 SF automotive service property on 0.49 acres; NNN lease includes a 15‑year base rental term; Four 5 year options with 10% increases
(865) 584-2000 Call to check price and availability
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