For Sale
$3,000,000

612 Fesslers LnNashville, TN 37210

High-visibility Nashville land, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 0.75-acre commercial lot, located at 612 Fesslers Ln, Nashville, TN 37210, presents a unique investment opportunity in a rapidly developing area of South Nashville. Zoned CS, the property boasts exceptional visibility and convenient access to major transportation arteries including I-24, I-40, and I-440. Its prime location near Murfreesboro Pike and Fesslers Lane places it within a thriving commercial district, surrounded by a population exceeding 102,276 within a three-mile radius. The property is currently subject to an absolute NNN ground lease with McDonald's, a globally recognized brand. This lease, recently extended through September 1, 2023, includes three additional five-year renewal options with a 10% rent increase for each renewal. This NNN structure ensures minimal landlord responsibilities, providing investors with a passive income stream. The lot offers ample parking, with a ratio of 8.47 spaces per 1,000 square feet. This is a rare opportunity to acquire a strategically located commercial property with a strong, established tenant and significant long-term growth potential. The asking price is $3,000,000.

Property Details for 612 Fesslers Ln

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

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.143443
Longitude
-86.743917
612 Fesslers Ln, Nashville, Tennessee

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612 Fesslers Ln
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