1509 Joe B Jackson Parkway
Murfreesboro, TN
Price:
$8,961,500
Cap Rate:
4.35%
NOI:
$389,816
Building Size:
Approx. 5,703 Sq. Ft.
Lot Size:
Approx. 2.4 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
2015 / 2021
Investment Overview
- 2021 Renovation. 5,703+/- SF Building on 2.4+/- Acre Site
- Brand New 15 Yr. Corporate Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 yrs
- Strategically Located Along Joe B Jackson Pkwy Next to I-24 Entrance Ramp (51K VPD)
- Near Subway, Burger King, Walmart, Goodwill, Kroger, Dollar General, Walgreens, Starbucks
- Strong Income Demos with $83,843 within a 3-mile Radius
- Murfreesboro | 34 Miles SE of Downtown Nashville | Population: 130K+