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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
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Sonic Drive-In is an American drive-in fast-food chain founded in 1953 in Shawnee, Oklahoma. The company grew from a small root beer stand originally known as Top Hat before adopting the Sonic name in 1959. Over the decades, it expanded across the United States with a model centered on car-based ordering and service. Sonic became known for its extensive drink options, customizable menu items, and the use of carhops for food delivery. The brand continues to operate as a subsidiary of Inspire Brands, a restaurant holding company that acquired it in 2018. Sonic maintains its headquarters in Oklahoma City, where corporate operations and brand management are based. The company remains privately held under Inspire Brands and continues to oversee a national franchise system.
| 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
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Vacant QSR | 444 Murfreesboro
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