2821 Medical Center Pky | Murfreesboro, TN 37129
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- LoopNet Team
2821 Medical Center Pky
Murfreesboro, TN 37129
Longhorn Steakhouse Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net Ground Lease | No landlord responsibilities
- Corporate lease | Rare Hospitality, Inc. | 287+ locations nationwide
- Tenant exercised first option & 2nd option concurrently extending the term to 2032 showing strong commitment to this site
- Desirable lease term | 7.5+ years remaining
- Highly visited location via Placer.ai | 91st percentile in Tennessee and 86th percentile nationwide
- Across the street from 78-acre new mixed-use development under construction | Clari Park | 300+ units & features tenants like Main Event & others
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,570 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.62 AC
Parking
70 Spaces (12.57 Spaces per 1,000 SF Leased)
Frontage
73’ on Medical Center Pky
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 092-094.01-001 | Improvements Assessment | $346,840 |
| Land Assessment | $964,160 | Total Assessment | $1,311,000 |
PROPERTY TAXES
Parcel Number
092-094.01-001
Land Assessment
$964,160
Improvements Assessment
$346,840
Total Assessment
$1,311,000
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