NNN Ground Lease Investment
For Sale
Contact for pricing
5062 Murfreesboro Rd, La Vergne, TN 37086
NNN ground lease with corporate guarantee and zero landlord responsibilities.
Property Size833 SF
Price / SF$1,680
Days on Market850
Property Features for 5062 Murfreesboro Rd
General Information
Standard status
Active
Size
833 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$70,000
Building Details
Year Built
2017
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Ron Duong · License #CA 01438643
Source:
Crexi
Added: May 3, 2024
Changed: Aug 26
Last Checked: Aug 29 at 10:18PM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This commercial property features an absolute NNN ground lease with over 10 years remaining. The lease is backed by a strong corporate guarantee from Checkers. The lease includes four, five-year options, each with 10% increases. The property is situated in a prominent location on Murfreesboro Road, which experiences approximately 31,700 cars per day. The location is in close proximity to hundreds of manufacturing businesses with thousands of employees. The property is suitable for commercial real estate and specialty property use, including drive-through restaurants and restaurants. The property size is 833 square feet.
Key Highlights
- Over 10 Years Remaining on Absolute NNN Ground Lease - Zero Landlord Responsibilities
- Strong Corporate Guarantee from Checkers
- Prominent Location on Murfreesboro Road (±31,700 Cars Per Day)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
Demographics for 37086, TN
37,463
Population
13,282
Households
2.8
Avg Household Size
32
Median Age
23%
College-Educated
89%
High-School Grad
24.8 sq mi
ZIP Area
1,511
Density / Sq Mi
$79,285
Median Household Income
$39,943
Median Earnings
$1,716
Median Rent
$268,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN ground lease with corporate guarantee and zero landlord responsibilities.
Where is this nnn property located?
The property is located at 5062 Murfreesboro Rd La Vergne, TN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Over 10 Years Remaining on Absolute NNN Ground Lease - Zero Landlord Responsibilities; Strong Corporate Guarantee from Checkers; Prominent Location on Murfreesboro Road (±31,700 Cars Per Day)
