South Boro Shops

Murfreesboro
TN
Tennessee
Nashville

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$

5,481,000

Call for Details
6.00
%
CAP Rate
RENDERING

~30 Miles from Downtown Nashville

Murfreesboro is the Largest Suburb in Tennessee

50,028 AADT

Excellent Access & Visibility Along S. Church St

Near Middle Tennessee State University

22,000+ Students & 2,205 Staff

Property details
  1. Fully Leased Retail Shops Building Anchored by Corporate Panera with 15 Year Term
    • All Tenants on 10+ Year Leases
    • Scheduled Rental Escalations in All Leases Providing a Hedge Against Inflation
    • Internent-Resistant Mix of Food & Service Tenants
  2. Brand New 2024/2025 Construction
  3. Exceptional Synergy within the South Boro Retail Development with Neighboring Tenants including Chipotle, Cava, and Chase Bank
  4. Excellent Access & Visibility Along S Church St (50,028 AADT)
    • 1.5 Miles from the Highly Trafficked Interstate 24 Arterial (138,023 AADT)
  5. Low Submarket Vacancy of 1.8%
    • 10.9 Million SF of General Retail in Submarket
  6. Strong Surrounding Demographics
    • Population of 231,130 within 10 Miles
    • Annual Population Growth Rate of 2% within 3 Miles of Site
    • Average Household Income of $103,579 within a 3-Mile Radius
  7. Near Middle Tennessee State University
    • 22,000+ Students & 2,205 Staff
  8. ~30 Miles from Downtown Nashville
    • Murfreesboro is the Largest Suburb in Tennessee
    • Nashville MSA GDP of $187.8 Billion
  9. Tennessee is One of the Top 10 States with the Highest Net Migration
  10. No State Income Tax in Tennessee

Listed in conjunction with TN-licensed real estate broker Kabat Real Estate Solutions. (Jack Gilmore, TN License #333772)

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
5895
SF
Lot Size
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772