232 N Rutherford Blvd Murfreesboro (Nashville), TN 37190
Chipotle
Offering Summary
Price
$4,333,000
Cap Rate
4.85%
NOI
$210,192.00
Rentable SF
2,325 SF
Lot Size
1.08 +/- Acres
Year Built
2026
Lease Type
Absolute NNN
Lease Term
15 Years
Investment Highlights
Brand New 2026 Construction with Drive-Thru
15-Year Absolute NNN Corporately Guaranteed Lease with 10% Increases Every 5 Years (NYSE: CMG)
Located Directly Across the Street From MTSU (20,488+ Students), Generating Consistent Demand From Students, Faculty, Staff, and Visitors Throughout the Year
High-Visibility Location, Strategically Positioned Along North Rutherford Blvd, a High-Traffic Corridor with Over 31,000 VPD
Robust Trade Area — Within a 5-Mile Radius, More Than 111,000 Residents with an AHHI Exceeding $85,000; Population and Household Growth Are Projected at Over 14%
Strong Retail Synergy — Positioned Among Nearby Retailers Including Circle K, Dunkin’, Shell, and a Mix of Local Dining and Service Tenants, with High Traffic Counts and in Close Proximity to The Avenue Murfreesboro and Stones River Town Centre
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