Multi-Use Retail and Office
5270 Murfreesboro Road La Vergne, TN 37086
5270 Murfreesboro Road, La Vergne, TN, 37086
$2,300,000
For Sale
$2,300,000
Shopping center with multiple ground and second-floor spaces, including restaurant units and office space with a church use.
Property Size8,299 SF
Price / SF$277.14
Days on Market20
Property Features for 5270 Murfreesboro Road
General Information
- Standard status
- Active
- Size
- 8,299 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1940
Listing agency
simpliHOM
(615) 738-1758
Listed by
Abram Abraham · License #359682
(615) 738-1758
Source
Compass
Added: Jul 2 Updated: Jul 21 at 5:43PM Checked: Jul 21 at 5:43PM
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 simpliHOM
Investment Insights
Based on property information with market context.
This multi-use shopping center is comprised of five units with 30+ parking spots. Unit A operates as a dine-in bakery and includes two restrooms and a kitchen. Unit B is a Thai restaurant with two restrooms and a kitchen, and Unit C has two restrooms and is currently leased by the same tenant as Unit B.
Unit D is located on the second story and includes two offices and one restroom. Unit E is also on the second story with two offices, a conference room, a reception area, and one restroom. Unit F (second story) is currently used as a church with two offices, a large worship room, two restrooms, and a kitchen.
The property is located on Murfreesboro Road in La Vergne, Tennessee, offering a mix of restaurant, office, and religious facility space within the same center.
Unit D is located on the second story and includes two offices and one restroom. Unit E is also on the second story with two offices, a conference room, a reception area, and one restroom. Unit F (second story) is currently used as a church with two offices, a large worship room, two restrooms, and a kitchen.
The property is located on Murfreesboro Road in La Vergne, Tennessee, offering a mix of restaurant, office, and religious facility space within the same center.
Key Highlights
- Shopping center with 5 units and 30+ parking spots
- Two ground‑floor restaurant spaces: Unit A (dine‑in bakery) and Unit B (Thai restaurant), each with 2 restrooms and a kitchen
- Unit C has 2 restrooms and is currently leased by the same tenant as Unit B
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $278.8k | $33.60 |
| − Vacancy | −$11.2k | −$1.34 |
| EGI | $267.7k | $32.26 |
| − OpEx | −$66.9k | −$8.06 |
| NOI | $200.8k | $24.19 |
8,299 SF · lease $33.60/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.87M
$2.51M – $3.35M
NOI $200,769 @ 7.0% cap · market cap 8.73%
Second Best
Retail
$2.71M
$2.37M – $3.16M
NOI $189,392 @ 7.0% cap · market cap 8.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
BAKERY LA SANTANECA ...
Bakery
Guatemalteca 2 Panaderia ...
Restaurant
oficina royal prestige ...
Department Store
Manolo’s panaderÃa y ...
Bakery
C.R. Noodle House ...
Restaurant
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FAQs
What type of property is this?
Shopping center - Shopping center with multiple ground and second-floor spaces, including restaurant units and office space with a church use.
Where is this shopping center located?
The property is located at 5270 Murfreesboro Road La Vergne, TN.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Shopping center with 5 units and 30+ parking spots; Two ground‑floor restaurant spaces: Unit A (dine‑in bakery) and Unit B (Thai restaurant), each with 2 restrooms and a kitchen; Unit C has 2 restrooms and is currently leased by the same tenant as Unit B
