For Sale
$3,000,000

500 Murfreesboro PikeNashville, TN 37210

0.75-acre lot, prime Nashville location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.75-acre industrial land parcel, located at 500 Murfreesboro Pike in Nashville, Tennessee (zip code 37210), presents a compelling investment opportunity. Situated in a thriving commercial district, this CS-zoned property boasts high visibility and unparalleled access to major transportation arteries, including I-24, I-40, and I-440. The property benefits from a strong demographic profile, with over 102,276 people residing within a three-mile radius. Currently, the land is subject to an absolute NNN ground lease with McDonald's, significantly reducing landlord responsibilities. This long-term lease, recently extended through September 1, 2023, includes three additional five-year renewal options with a 10% rent increase for each option period. McDonald's, a globally recognized brand, demonstrates the property's exceptional location and strong tenant base. The lease structure minimizes operational burdens for the investor, offering a passive income stream with significant upside potential. The property's strategic location within a rapidly developing area of South Nashville, characterized by new mixed-use and residential projects, further enhances its long-term value. The parking ratio is 8.47 spaces per 1,000 square feet. This offering represents a rare chance to acquire a high-performing asset in one of Nashville's most dynamic commercial corridors. The asking price for this exceptional property is $3,000,000.

Highlights

  • $3,000,000 asking price for 0.75 acres of industrial land.
  • Located at 500 Murfreesboro Pike, Nashville, TN 37210, in a high-visibility commercial district with excellent access to major interstates (I-24, I-40, I-440).
  • CS zoning.
  • NNN ground lease with zero landlord responsibilities; tenant responsible for all operating expenses.
  • McDonald's recently extended its lease for 40 years, starting September 1, 2023, with three 5-year renewal options and 10% rent increases per option.

Property Details for 500 Murfreesboro Pike

Property type
Land, Industrial properties
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.14306
Longitude
-86.743949
500 Murfreesboro Pike, Nashville, Tennessee

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
500 Murfreesboro Pike
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message