South Boro Shops
Murfreesboro
,
TN
Tennessee
Nashville
Call for Details
$
5,481,000
Call for Details
6.00
%
CAP Rate

~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
- 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
- Brand New 2024/2025 Construction
- Exceptional Synergy within the South Boro Retail Development with Neighboring Tenants including Chipotle, Cava, and Chase Bank
- Excellent Access & Visibility Along S Church St (50,028 AADT)
- 1.5 Miles from the Highly Trafficked Interstate 24 Arterial (138,023 AADT)
- Low Submarket Vacancy of 1.8%
- 10.9 Million SF of General Retail in Submarket
- 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
- Near Middle Tennessee State University
- 22,000+ Students & 2,205 Staff
- ~30 Miles from Downtown Nashville
- Murfreesboro is the Largest Suburb in Tennessee
- Nashville MSA GDP of $187.8 Billion
- Tennessee is One of the Top 10 States with the Highest Net Migration
- 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