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Absolute NNN Leased Restaurant
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2678 S Church St, Murfreesboro, TN 37127

Single-tenant Zaxby’s is leased on an absolute NNN basis with traffic exceeding 50,000 vehicles daily.

Property SizeContact for details
Days on Market121

Property Features for 2678 S Church St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 50,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: IEB Real Estate
Listed By: Andy Heck · License #MO 2017015940
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:36PM

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 IEB Real Estate

Investment Insights

Based on property information with market context.

An absolute NNN leased Zaxby’s restaurant opportunity located at 2678 S Church St in Murfreesboro, TN. The property benefits from a newly executed 10-year lease, with the operator having a 16-year operating history at this location. The recent franchisee agreement requires the franchisee to enter into a new 10-year lease, pay a franchise fee to the franchisor, and make capital improvements to the property, reflecting a long-term commitment to the site. The lease is guaranteed by American Family Foods, LLC, which operates three locations in Middle Tennessee, and is also backed by four personal guarantees.

The restaurant is located in Murfreesboro, described as the largest suburb of Nashville, with traffic counts exceeding 50,000 vehicles per day outside the subject property. The site is approximately 3/4 mile from I-24, where the Church St exit sees more than 100,000 vehicles per day. Nearby retailers include Walmart, Aldi, Kroger, Walgreens, Starbucks, Burger King, McDonald’s, Dunkin’ Donuts, Arby’s, Hardee’s, and Taco Bell, among others.

This offering is presented as a Zaxby’s location where unit-level sales exceed the national average for Zaxby’s restaurants, and the newly executed lease reflects a 7% rent to sales ratio.

Key Highlights

  • Single‑tenant Zaxby’s leased on an absolute NNN basis
  • Newly executed 10‑year lease with a 7% rent‑to‑sales ratio
  • Lease is guaranteed by American Family Foods, LLC with 4 personal guarantees

Property Analytics

Current Use

Zaxby's Chicken Fingers ... Restaurant

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Nail Salon HVAC Service 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.

Lease Details

50,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 59% Shops & Services 41%
SONIC Drive In Dining
20,292 visits/mo 0.1 miles
Circle K Shops & Services
13,251 visits/mo 0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
10,153 visits/mo 0.1 miles
Bojangles' Famous Chicken 'n Biscuits Dining
9,220 visits/mo 0.5 miles
Wash N' Roll Car Wash Shops & Services
4,585 visits/mo 0.4 miles

Demographics for 37127, TN

20,353
Population
7,710
Households
2.6
Avg Household Size
36
Median Age
39%
College-Educated
96%
High-School Grad
47.1 sq mi
ZIP Area
432
Density / Sq Mi
$85,947
Median Household Income
$43,037
Median Earnings
$1,274
Median Rent
$329,300
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?
Conventional restaurant - Single-tenant Zaxby’s is leased on an absolute NNN basis with traffic exceeding 50,000 vehicles daily.
Where is this conventional restaurant located?
The property is located at 2678 S Church St Murfreesboro, TN.
What are key features of this property?
This property features: Single‑tenant Zaxby’s leased on an absolute NNN basis; Newly executed 10‑year lease with a 7% rent‑to‑sales ratio; Lease is guaranteed by American Family Foods, LLC with 4 personal guarantees
More about this property
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