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- LoopNet Team
2708 New Salem Hwy
Murfreesboro, TN 37128
Absolute NNN Walgreens - 13+ Yrs Remaining · Retail Property For Sale
Investment Highlights
- 13.2 years remaining on original absolute NNN lease
- Established location with strong traffic counts including interstate 24 of 85,289 VPD
- Adjacent to Publix anchored shopping center
- Strong projected population growth rate of 15% in the next 5 years
- No State income tax
- Large lot size of 2.49 acres with 74 parking spaces
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
About 2708 NEW SALEM HWY , MURFREESBORO, TN 37128
Since 2010 the population growth has been 23.4%. The population is expected to grow by over 15% in the next 5 years. In the immediate area approximately 90% of the commercial properties have been built since 2012. These include a Publix anchored shopping center with a McDonalds, a Walmart Neighborhood Market, Dollar General. Taco Bell, and a new Medical Center across the street. This passive income investment consists of a fee simple ownership interest in a 14,280 square foot store situated on 2.49 acres and subject to an absolute NNN lease expiring in 2083. The property is located at a hard corner, signalized intersection which serves two new residential communities.
Property Taxes
| Parcel Number | 114-002.11-000 | Improvements Assessment | $953,520 |
| Land Assessment | $453,760 | Total Assessment | $1,407,280 |
Property Taxes
