5192 Murfreesboro Rd
La Vergne, TN 37086
Walgreen's Conversion | Corporate Guaranty · Retail Property For Sale

This Rite Aid is located at 5192 Murfreesboro Road in LA Vergne, Tennessee. La Vergne is a city in Rutherford County, Tennessee. La Vergne lies within the Nashville Metropolitan Statistical Area. SURROUNDING RETAIL & POINTS OF INTEREST The subject property is well-positioned on a four-way signalized intersection home to an array of national and local tenants. Retail tenants in the immediate area include: Kroger, Auto Zone, McDonald’s, Taco Bell, Burger King, Advance Auto Parts, CVS, Dollar General, Save-a-Lot, Sonic, Subway, Dollar Tree, Little Caesars, Domino’s Pizza as well as many others. Some of the area’s largest employers include: Quanta Service Nashville LLC (5,011 employees) Ingram Book Company (2,048 employees), and Technicolor Home Entertainment Services (1,300 employees). In June of 2017, Hong Kong based Sinomax began operations at their new North American manufacturing headquarters, creating 350 jobs. The firm invested $28 million renovating a facility once used by the now defunct Whirlpool. This investment is the largest by a Chinese company in Tennessee’s history. TRAFFIC COUNTS & DEMOGRAPHICS La Vergne has a population of approximately 45,954 individuals residing within a three-mile radius of the property and nearly 108,000 individuals within a five-mile radius. The property is situated on the southern side of Murfreesboro Road, adjacent to a CVS Pharmacy. Traffic counts on Murfreesboro Road are roughly 28,250 vehicles per day, providing a consistent flow of consumers to this Rite Aid location. MARKET OVERVIEW La Vergne directly borders the Antioch neighborhood of Nashville on the NW, Smyrna on the SE and Percy Priest Lake on the NE. Nashville is the largest metropolitan area in the state of Tennessee and also it’s capital. The city is a center for the music, healthcare, publishing, banking and transportation industries, and home to numerous colleges and universities. It is known as a center of the country music industry, earning it the nickname "Music City, U.S.A.“ As the "home of country music", Nashville has become a major music recording and production center. The Big Four record labels, as well as numerous independent labels, have offices in Nashville, mostly in the Music Row area. Nashville has been the headquarters of guitar company Gibson since 1984. Since the 1960s, Nashville has been the second-largest music production center (after New York) in the U.S. Although Nashville is renowned as a music recording center and tourist destination, its largest industry is health care.