1433 Warrior DrMurfreesboro, TN 37128

  • Retail properties
  • 13,985 SF
For Sale
$5,950,000 View listing

Property Details for 1433 Warrior Dr

Year built
2020
Construction
FRAME
Lot size
2.23 AC
Property size (Sq ft)
13,985 SF
Property type
Retail properties
Property subtype
Strip malls
APN
102-055.00-000
APU
10205500000

Description

This exceptional 13,996 square foot retail center in Murfreesboro, Tennessee, is offered at $5,950,000. The property boasts a strong tenant mix within a fully leased building, presenting a compelling investment opportunity. Located at 1433 Warrior Drive, this commercially zoned property benefits from a convenient location right off I-24/New Salem Highway at Exit 80, ensuring high visibility and accessibility. The building includes a drive-thru, enhancing its operational capabilities and appeal to a wide range of businesses. The current Net Operating Income (NOI) supports a 6% capitalization rate. With a price per square foot of $425.12, this property represents a solid investment in a thriving market. The property is situated in Rutherford County, within a 5-mile radius of a population of 154,245, guaranteeing a substantial customer base. This single-building retail center, categorized as both a restaurant and shopping center, offers a diverse and stable income stream. The property's prime location and strong tenant occupancy make it an attractive option for investors seeking a high-return, low-risk investment in a rapidly growing area. The zoning is commercial, allowing for flexibility and future development potential.

1433 Warrior Dr, Murfreesboro, Tennessee

Location Insight

City
Murfreesboro
County
Rutherford
State
Tennessee
Latitude
35.8236
Longitude
-86.4148
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$487,640
$837,600
$1,325,240
-
$1,219,100
$2,094,000
$3,313,100

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