3237 Memorial Blvd
Murfreesboro (Nashville), TN
Valvoline
| Offering Summary | |||
|---|---|---|---|
| Price | $1,473,684 | Cap Rate | 4.75% |
| 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