5062 Murfreesboro Rd La Vergne, TN 37086
Property profile & analytics
5062 Murfreesboro Rd La Vergne, TN 37086
- Drive through restaurants
- 883 SF
- 0.72 lot acres
Property ID
US80-2321746
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Checkers / Restaurant / Take-out & Catering
Property Details for 5062 Murfreesboro Rd
- Year built
- 2017
- Construction
- FRAME
- Lot size
- 0.72 lot acres
- Property size
- 883 SF
- Zone code
- C-2
- Property type
- Drive through restaurants
- APN
- 015N-A-001.00-000
- APU
- 015NA00100000
Description
This exceptional investment opportunity presents a 1-story, 833 square foot Checkers and Rally's restaurant situated on a 0.72-acre lot in La Vergne, Tennessee. The property boasts a corporate-guaranteed absolute NNN ground lease with 9.4 years remaining, extending to April 29, 2034, with four, five-year renewal options featuring 10% rent increases. Built in 2017, this single-tenant building enjoys 100% occupancy and generates a strong NOI of $70,000, representing a 5.00% cap rate on the $1,400,000 asking price. The property's prime location on Murfreesboro Road (approximately 31,700 cars per day) provides excellent visibility and accessibility. Its strategic placement near a major industrial district, including prominent distribution centers for Amazon, Bridgestone/Firestone, and Home Depot, ensures a substantial customer base. The property benefits from its proximity to Interstate 24 and Nashville International Airport (BNA), further enhancing its appeal. La Vergne's projected population growth of 10% by 2025 and a strong average household income of $75,876 within a five-mile radius underscore the property's long-term investment potential. The property's APN is 015N-A-001.00-000. This is a rare opportunity to acquire a high-performing, low-maintenance investment with a strong tenant and significant upside potential. The price per square foot is $1,680.67.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,415,000
- ML approach
- $1,445,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- La Vergne
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.584
- Latitude
- 36.0221
- 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
$8,329
$226,240
$119,000
$345,240
-
$565,600
$297,500
$863,100
