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Single-Tenant Car Wash

404 Mallory Station Road, Franklin, TN 37067

For Sale
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The property is leased under an absolute NNN structure, with a long initial term and scheduled rent increases.

Property SizeContact for details
Days on Market32

Property Features for 404 Mallory Station Road

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Automotive

Automotive Uses car wash
Car Wash Format express tunnel

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants RipTide Car Wash
Real Estate Included Yes

Building Details

Tenancy Single
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #CQ1059597
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 3:16PM

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 ParaSell Inc

Rey
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Investment Insights

Based on property information with market context.

The Franklin property is occupied by RipTide Car Wash under an absolute NNN lease with a 20-year initial term. The lease provides for annual rent increases of 1.75% and includes four 5-year renewal options, each with rent increases. The single-tenant arrangement places responsibility for property expenses with the tenant under the stated lease structure.

Located at 404 Mallory Station Road in Franklin, the site is within Williamson County and the Nashville metropolitan area, approximately 15 miles south of downtown Nashville.

Key Highlights

  • 20‑year initial lease term with an absolute NNN structure
  • Annual rent increases of 1.75% during the initial term
  • Four 5‑year renewal options with rent increases

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

MILE15 Car Wash

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Restaurant Butcher Bed & Breakfast

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,745
Businesses Nearby
601k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 59% Dining 19% Groceries 10% Shops & Services 5%
Academy Sports + Outdoors Apparel
60,913 visits/mo 0.3 miles
Dillard's Apparel
60,675 visits/mo 0.4 miles
Trader Joe's Groceries
58,211 visits/mo 0.3 miles
T.J. Maxx Apparel
57,347 visits/mo 0.4 miles
Belk Apparel
57,102 visits/mo 0.3 miles

Demographics for 37067, TN

31,465
Population
14,087
Households
2.2
Avg Household Size
38
Median Age
67%
College-Educated
97%
High-School Grad
32.5 sq mi
ZIP Area
968
Density / Sq Mi
$110,202
Median Household Income
$63,824
Median Earnings
$1,860
Median Rent
$686,200
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Car wash - The property is leased under an absolute NNN structure, with a long initial term and scheduled rent increases.
Where is this car wash located?
The property is located at 404 Mallory Station Road Franklin, TN.
What is the asking price?
The asking price for this property is $4,785,000.
What are key features of this property?
This property features: 20‑year initial lease term with an absolute NNN structure; Annual rent increases of 1.75% during the initial term; Four 5‑year renewal options with rent increases
(949) 942-6585 Call to check price and availability
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