5062 Murfreesboro Rd La Vergne, TN 37086

Building Details

Year Built

2017

Listing office Marcus & Millichap - Orange County

Listing date May 3, 2024

Source Crexi

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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 Location Intelligence

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FAQs

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)