225 Rutherford Blvd Murfreesboro, TN 37130-8404
- Strip malls
- 13,140 SF
- 2.27 lot acres
Current Use by Public Records
- Kitchen Way Gyro Deli / Greek Restaurant / Gyro Restaurant
- Good Deal Everything, Vape - THC - Glass - Smoke - Murfreesboro / Tobacco Shop / Vaporizer Store
- SHIFTy's Liquor & Beer / Liquor Store / Beer Store
- 615 International market / Grocery Store
- St John Market llc / Grocery Store
Property Details for 225 Rutherford Blvd
- Year built
- 2001
- Lot size
- 2.27 lot acres
- Property size
- 13,140 SF
- Zone code
- PCD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 103C-A-010.00-000
- APU
- 103CA01000000
Description
University Square, located at 225 N Rutherford Blvd, Murfreesboro, TN 37130, offers exceptional retail and restaurant opportunities. This single-story building, situated near Alums Dr, features multiple available spaces ranging from 800 to 2,137.5 square feet. One unit, a 2,137.5 sq ft end unit, is particularly well-suited for office or retail use and is already built out for a small grocery store, making it ideal for a quick start. The property boasts ample parking for customers and employees. Leases are triple-net and require a minimum three-year term. Rent is negotiable, depending on the lease length. Furthermore, the build-out costs are also negotiable, offering flexibility for potential tenants. This prime location in Murfreesboro presents a fantastic chance to establish or expand a business in a thriving community. The property is easily accessible and benefits from high visibility. Interested parties should inquire about available space and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,785,000
- 6.5%
- $2,945,000
- 7%
- $3,030,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,040,000
- Geo Method
- $2,850,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,675,000
- Retail
- $3,485,000
- Mixed-Use
- $3,170,000
- Hospitality
- $3,460,000
- Educational
- $2,610,000
- Residential Income
- $2,685,000
- Energy
- $3,315,000
- Income-Based Land
- $3,010,000
- Food Service
- $3,330,000
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.3523
- Latitude
- 35.8414
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
