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1509 Joe B Jackson Pkwy Murfreesboro, TN 37127

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For Sale
$7,425,000

New NNN lease property near Interstate 24 entrance.

Property size:
5,703 SF
Lot size:
2.45 Acres

Property Features for 1509 Joe B Jackson Pkwy

General Information

Size
5,703 SF
Lot size
2.45 Acres

Source: Secure Net Lease - Dallas Agent Matthew Scow

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Highway Retail Property in Murfreesboro

This property features a 5,703 square foot building, constructed and renovated in 2015 and 2021, situated on a 2.40 acre site. The property has a new 15-year corporate absolute NNN lease with 7.5% rent increases every 5 years. It includes a Laredo Taco and Raise the Roost Chicken. The location offers excellent highway frontage on Joe B Jackson Parkway at the entrance to Interstate 24, with a traffic count of over 51,000 vehicles per day. The surrounding area has average household incomes of $73,125, $83,843, and $73,148 within a one, three, and five mile radius, respectively. The property benefits from its proximity to large employers such as FedEx Ground, BNA3 Amazon Fulfillment Center, Interstate Warehousing, and Wegmann Automotive USA Inc. The tenant, 7-Eleven, is the largest chain store operator in the world with over 85,000 stores and holds an S&P rating of A. The property is located in Murfreesboro, within the Nashville MSA, which has a population of over 130,968.
Insight Report Location Intelligence

Current Use by Public Records

Raise the Roost chicken ... Mexican Restaurant Laredo Taco Company Mexican Restaurant Exxon Gas Station PNC Bank ATM Atm 7-Eleven Convenience Store

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Murfreesboro
County
Rutherford
State
Tennessee
Longitude
-86.3689361
Latitude
35.7875971

FAQs

What type of property is this?
Grocery and convenience store - New NNN lease property near Interstate 24 entrance.
Where is this grocery and convenience store located?
The property is located at 1509 Joe B Jackson Pkwy Murfreesboro, TN.
What is the asking price?
The asking price for this property is $7,425,000.
What are key features of this property?
This property features: - New 15-Year Corporate Absolute NNN Lease with 7.5% Rent Increases Every 5 Years.; - Excellent Highway Location on Joe B Jackson Parkway at the Entrance to Interstate 24 (51,000+ VPD).; - 2015/2021 Construction/Renovation. 5,703+/- SF Building on 2.40+/- Acre Site.
More about this property
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