Long-Term NNN McDonald's
For Sale
$1,168,000
1907 N Meridian St, Greenfield, TN 38230
McDonald's corporate lease with a long-term NNN structure on a signalized corner parcel, plus an adjacent vacant shop space.
Property Size3,840 SF
Days on Market45
Property Features for 1907 N Meridian St
General Information
Standard status
Active
Size
3,840 SF
Property subtype
Retail
Net Operating Income
$46,735
Building Details
Building Size
3,840 SF
Year Built
2018
Listing Agency:
Faris Lee Investments
Listed By:
Jeff Conover · License #CalDRE #01008195
(949) 412-1616
Source:
Farislee
Added: Jul 23
Changed: Sep 4
Last Checked: Sep 4 at 5:26AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This offering features a retail property leased to McDonald’s under a long-term NNN structure, supported by a BBB+ S&P credit profile. The strategic setup also includes an adjacent vacant shop space, creating a value-add leasing component within the same hard-corner retail configuration.
The property is located at 1907 N Meridian St in Greenfield, Tennessee, on a 1.26-acre signalized corner parcel. It sits on an established retail corridor serving Greenfield, with immediate proximity to Greenfield High School. The broker remarks also cite a regional employment and business base of more than 10,900 employees across 900+ businesses, and note an affordable pricing basis with repositioning potential, with an offer around $154 PSF relative to recent comparable McDonald’s sales.
The property is located at 1907 N Meridian St in Greenfield, Tennessee, on a 1.26-acre signalized corner parcel. It sits on an established retail corridor serving Greenfield, with immediate proximity to Greenfield High School. The broker remarks also cite a regional employment and business base of more than 10,900 employees across 900+ businesses, and note an affordable pricing basis with repositioning potential, with an offer around $154 PSF relative to recent comparable McDonald’s sales.
Key Highlights
- 2018‑built McDonald's property with a long‑term NNN structure
- Corporate lease with McDonald's (BBB+ S&P Credit) described as a long‑term NNN lease
- Strategic hard corner on a 1.26‑acre signalized corner parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 47%
Greenfield
Shops & Services
10,872 visits/mo
0.3 miles
McDonald's
Dining
10,220 visits/mo
0.1 miles
SONIC Drive In
Dining
8,659 visits/mo
0.2 miles
Shell
Shops & Services
7,657 visits/mo
0.1 miles
SUBWAY
Dining
2,170 visits/mo
0.2 miles
Demographics for 38230, TN
3,499
Population
1,782
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
90%
High-School Grad
85.7 sq mi
ZIP Area
41
Density / Sq Mi
$52,633
Median Household Income
$39,516
Median Earnings
$734
Median Rent
$95,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - McDonald's corporate lease with a long-term NNN structure on a signalized corner parcel, plus an adjacent vacant shop space.
Where is this nnn property located?
The property is located at 1907 N Meridian St Greenfield, TN.
What is the asking price?
The asking price for this property is $1,168,000.
What are key features of this property?
This property features: 2018‑built McDonald's property with a long‑term NNN structure; Corporate lease with McDonald's (BBB+ S&P Credit) described as a long‑term NNN lease; Strategic hard corner on a 1.26‑acre signalized corner parcel
