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515 Waldron Rd
La Vergne, TN 37086
Arby's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate guaranteed, absolute triple-net (NNN) lease with zero landlord maintenance obligations
  • Surrounded by many Rutherford County major employers
  • Drive-thru location with prominent signage fronting Waldron Road (32,150 VPD)
  • Arby’s has a 25-year operating history at this location and recently extended the term through June 30, 2029
  • 10% rent increases every five years in remaining renewal options
  • Located less than 1/2 mile from the Exit 64 — Waldron Road interchange at I-24 (164,348 VPD)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,123 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Zoning
C2
Parking
45 Spaces (14.41 Spaces per 1,000 SF Leased)
Frontage
146’ on Waldron Rd

AMENITIES

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
017O-B-003.00-000
Land Assessment
$169,080
Improvements Assessment
$138,760
Total Assessment
$307,840
  • Listing ID: 35415844

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 515 Waldron Rd, La Vergne, TN 37086

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