Valvoline Absolute NNN
New
For Sale
$2,120,000
1939 Old Lascassas Road, Murfreesboro, TN 37130
Corporate-backed ground lease with no landlord responsibilities and Commercial Flex zoning.
Property Size1,471 SF
Price / SF$1,441
Days on Market3
Property Features for 1939 Old Lascassas Road
General Information
Standard status
Active
Size
1,471 SF
Property subtype
Retail
Zoning
CF - Commercial Flex
Building Details
Building Size
1,471 SF
Year Built
2026
Listed By:
Jake Prater
(949) 903-8099
Source:
Srsre
Added: Sep 16
Last Checked: Sep 16 at 2:12PM
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 Jake Prater
Investment Insights
Based on property information with market context.
This NNN property comprises the leased fee interest in a Valvoline location with a corporate-signed ground lease. The agreement provides a 15-year initial term, four 5-year extension options, and an absolute NNN structure that assigns landlord responsibilities to the tenant. The property was built in 2026 and carries CF - Commercial Flex zoning.
Contractual rent increases include 9.43% in June 2031, 10.57% in June 2036, and 10% at the start of each option period. The lease structure is designed for passive ownership, with no landlord responsibilities identified in the property information.
Contractual rent increases include 9.43% in June 2031, 10.57% in June 2036, and 10% at the start of each option period. The lease structure is designed for passive ownership, with no landlord responsibilities identified in the property information.
Key Highlights
- Corporate‑signed Valvoline LLC ground lease
- 15‑year initial lease term with 4 (5‑year) extension options
- Absolute NNN structure with zero landlord responsibilities
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
157k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 29%
Shops & Services 25%
Beauty & Spa 1%
Kroger
Groceries
46,169 visits/mo
0.4 miles
McDonald's
Dining
26,619 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
19,413 visits/mo
0.4 miles
SONIC Drive In
Dining
15,477 visits/mo
0.4 miles
Exxon
Shops & Services
10,840 visits/mo
0.2 miles
Demographics for 37130, TN
59,677
Population
25,838
Households
2.3
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
54.1 sq mi
ZIP Area
1,103
Density / Sq Mi
$60,389
Median Household Income
$37,710
Median Earnings
$1,157
Median Rent
$347,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed ground lease with no landlord responsibilities and Commercial Flex zoning.
Where is this nnn property located?
The property is located at 1939 Old Lascassas Road Murfreesboro, TN.
What is the asking price?
The asking price for this property is $2,120,000.
What are key features of this property?
This property features: Corporate‑signed Valvoline LLC ground lease; 15‑year initial lease term with 4 (5‑year) extension options; Absolute NNN structure with zero landlord responsibilities
