Chipotle
2,335 SF | Retail Building | Murfreesboro, TN 37127 | $3,381,000 ($1,448/SF) | 4.65% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,381,000
- Property Type
-
Retail, Restaurant, Industrial
- Square Feet
- 2,335 SF
- Price / Square Foot
- $1,448
Listing Contacts
Putnam Daily
Verified Profile
Vahe Nokhoudian
Verified Profile
- Property Info
Property Overview
South Boro is prominently located with excellent access and visibility along South Church Street (50,028 AADT) approximately 1.5 miles from its junction with the I-24 arterial (138,023 AADT). South Church Street is a major arterial, providing easy access to Nashville and other surrounding areas.
The property is conveniently located near major retailers, including Walmart Supercenter (2.3 million annual visits per Placer.Ai), Kroger (1.4 million annual visits, top 20% location in Tennessee), ALDI (328,000 annual visits), Planet Fitness, and Walgreens (394,000 annual visits). It is also conveniently located near The Avenue Murfreesboro (3.4 million annual visits), which features stores like Best Buy, Belk, Haverty’s, Dick’s Sporting Goods, Cost Plus World Market, and Petco. Another notable nearby retail center is The Oaks (3.1 million annual visitors), with anchor stores like Marshall’s, Sportsman’s Warehouse, Ross, and Ashley Homestore.
This property is listed in conjunction with Tennessee-licensed real estate broker Kabat Real Estate Solutions. (Jon Parker, TN License #255763)
The property is conveniently located near major retailers, including Walmart Supercenter (2.3 million annual visits per Placer.Ai), Kroger (1.4 million annual visits, top 20% location in Tennessee), ALDI (328,000 annual visits), Planet Fitness, and Walgreens (394,000 annual visits). It is also conveniently located near The Avenue Murfreesboro (3.4 million annual visits), which features stores like Best Buy, Belk, Haverty’s, Dick’s Sporting Goods, Cost Plus World Market, and Petco. Another notable nearby retail center is The Oaks (3.1 million annual visitors), with anchor stores like Marshall’s, Sportsman’s Warehouse, Ross, and Ashley Homestore.
This property is listed in conjunction with Tennessee-licensed real estate broker Kabat Real Estate Solutions. (Jon Parker, TN License #255763)
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 169,884 SF
Highlights
- New 15-Year Corporate NNN Lease to Chipotle
- 10% Rental Escalations Every 5 Years in Primary Term & Options – Provides Hedge Against Inflation
- Strong Corporate Guarantee from Publicly Traded Company (NYSE: CMG)
- Highly Functional Footprint Featuring Drive-Thru Component
- First All Electric Chipotle Location in Tennessee - Features 800A Electrical Panel
- Annual Population Growth Rate of 2.1% within 3 Miles of Site
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].