1002 Tennessee 76 4,650 SF Retail Building White House, TN 37188 $11,710,000 ($2,518.28/SF) 5.15% Cap Rate

This property features a newly constructed 7-Eleven convenience store and fueling station located at the interchange of TN-76 and Interstate 65, providing exceptional visibility and access to both local and regional traffic. The site spans 3.47 acres and is strategically positioned less than a mile from a Walmart Supercenter-anchored shopping center, ensuring strong crossover traffic and consistent customer flow.
The asset is secured by an absolute NNN lease with a corporate guarantee from 7-Eleven, offering zero landlord responsibilities. The lease commenced in August 2024 and runs through September 2039, providing over 13 years of remaining term with 7.5% rent increases every five years during both the primary term and renewal options. With a cap rate of 5.15% and NOI of $602,914, this property offers a stable, long-term investment opportunity backed by a credit-rated tenant.
White House, Tennessee, is a rapidly growing community located just 25 miles north of downtown Nashville. The area has experienced nearly 29% population growth over the past five years, supported by strong demographics and a robust retail environment featuring national brands such as McDonald’s, Whataburger, Kroger, and Love’s.