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Vacant QSR 444 Murfreesboro 1,346 SF Retail Building Nashville, TN 37210 $1,900,000 ($1,411.59/SF)
INVESTMENT HIGHLIGHTS
- Property Delivered Vacant – Sonic is set to close their operation upon sale, allowing for the next owner to occupy or redevelop the site.
- Heavy Traffic Counts – Located just off the intersection of Fesslers Ln and Murfreesboro Pike seeing over ±28,000 vehicle per day.
- Drive-Thru Concept – Property currently operates as a drive-thru making the property allow for a seamless redevelopment.
- Proximity to Downtown Nashville – The property is located just ±1.5 miles from downtown Nashville, which is one of the countries busiest tourist areas
- Strong Population Growth – Since the 2020 the population in a ±3-mile radius has grown by over 3% annually.
EXECUTIVE SUMMARY
Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,346 SF
Building Class
B
Year Built
1993
Price
$1,900,000
Price Per SF
$1,411.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
CS
Parking
40 Spaces (29.72 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
For more than 60 years, SONIC, America’s Drive-In has built a dominant position in the drive-in restaurant business. SONIC did it by sticking to what made drive-ins so popular in the first place: made-to-order American classics, signature menu items, speedy service from friendly Carhops and heaping helpings of fun and personality. SONIC is part of the Inspire Brands family of restaurants.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
PROPERTY TAXES
| Parcel Number | 106-01-0-163 | Improvements Assessment | $336,800 |
| Land Assessment | $696,960 | Total Assessment | $1,033,760 |
PROPERTY TAXES
Parcel Number
106-01-0-163
Land Assessment
$696,960
Improvements Assessment
$336,800
Total Assessment
$1,033,760
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Vacant QSR | 444 Murfreesboro
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