Chipotle Drive-Through
For Sale
Contact for pricing
232 N RUTHERFORD BLVD, Murfreesboro, TN 37130
Newly built quick-service restaurant with an absolute NNN lease and direct access to a major university-oriented retail corridor.
Property Size2,325 SF
Lot Size1.08 Acres
Price / SF$1,808
Days on Market129
Property Features for 232 N RUTHERFORD BLVD
General Information
Standard status
Active
Size
2,325 SF
Class
A
Lot size
1.08 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$210,192
Site & Location
Drive-Thru
Yes
Traffic Count
31,000 vehicles/day
Building Details
Year Built
2026
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 24
Changed: Aug 29
Last Checked: May 26 at 9:20AM
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 Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
This 2,325-square-foot Chipotle drive-through restaurant is situated on approximately 1.08 acres and was built in 2026. The improvement includes a brand-new absolute NNN lease with a 15-year primary term, corporate backing from Chipotle Mexican Grill, Inc., 10% rent increases every 5 years, and four 5-year renewal options with the same escalation structure. Ample parking and strong frontage support customer access.
The property is located at 232 N Rutherford Blvd in Murfreesboro, directly across from Middle Tennessee State University, which reports 20,488+ students. North Rutherford Boulevard carries more than 31,000 vehicles per day and is lined with national and regional retailers, quick-service restaurants, and multifamily communities. The five-mile trade area includes more than 111,000 residents, average household income above $85,000, and projected population and household growth exceeding 14% from 2025 to 2029. The Avenue Murfreesboro and Stones River Town Centre are also nearby.
The property is located at 232 N Rutherford Blvd in Murfreesboro, directly across from Middle Tennessee State University, which reports 20,488+ students. North Rutherford Boulevard carries more than 31,000 vehicles per day and is lined with national and regional retailers, quick-service restaurants, and multifamily communities. The five-mile trade area includes more than 111,000 residents, average household income above $85,000, and projected population and household growth exceeding 14% from 2025 to 2029. The Avenue Murfreesboro and Stones River Town Centre are also nearby.
Key Highlights
- 2,325‑square‑foot building on a 1.08 +/- acre parcel
- New construction completed in 2026
- 15‑year absolute NNN lease with four 5‑year option periods
Property Analytics
Property Profile
Current Use
Lease Details
31,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
73k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 25%
Hotels & Casinos 7%
Cracker Barrel Old Country Store
Dining
22,501 visits/mo
0.3 miles
Wendy's
Dining
15,759 visits/mo
0.2 miles
Exxon
Shops & Services
12,083 visits/mo
0.3 miles
Krystal
Dining
7,017 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,552 visits/mo
0.3 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
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?
Drive through restaurant - Newly built quick-service restaurant with an absolute NNN lease and direct access to a major university-oriented retail corridor.
Where is this drive through restaurant located?
The property is located at 232 N RUTHERFORD BLVD Murfreesboro, TN.
What is the asking price?
The asking price for this property is $4,203,840.
What are key features of this property?
This property features: 2,325‑square‑foot building on a 1.08 +/- acre parcel; New construction completed in 2026; 15‑year absolute NNN lease with four 5‑year option periods
