3237 Memorial Blvd
Murfreesboro (Nashville), TN

Valvoline

Offering Summary
Price $1,555,555 Cap Rate 4.50%
NOI $70,000.00 Rentable SF 2,090 SF
Lot Size 1.20 +/- Acres Year Built 2022
Lease Type Absolute NNN Ground Lease Lease Term 15 Years

Investment Highlights

  • Brand New 2022 Construction
  • 15-Year Absolute NNN Ground Lease w/ 10%
    Rental Increases Every 5-Years
  • Located at the Entrance to the Parc at Murfreesboro (Brand New
    250-Unit Residential Development)
  • Traffic Counts Exceed 30,000 Vehicles Per Day
  • 92,000 Residents within 5-Miles of Subject Property with 7.0%
    Expected Population Growth Over the Next 5-Years
  • Average Household Income Exceeds $134,000

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com