Murfreesboro, TN - McDonald's
$3,795,000
3584 Shelbyville Highway, Murfreesboro, TN 37127
3.75
Cap Rate
142,180
NOI
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, corporate signed, McDonald’s investment property located in Murfreesboro, TN. The tenant, McDonald’s USA, LLC recently signed a brand new 20-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. The property is scheduled for a grand opening in June of 2026. The site features brand new construction, with modern design and state-of-the-art amenities.
The McDonald’s is located along Shelbyville Pike, which averages 50,500 vehicles passing by daily and is a major retail thoroughfare serving the city of Murfreesboro. The site offers excellent visibility and access along Shelbyville Pike, further enhanced by its position near a signalized, hard-corner intersection at Tiger Hill and Shelbyville Pike. Additionally, the subject property is positioned just west of Interstate 24 (70,100 VPD), a major east/west travelling highway connecting Nashville and Chattanooga. Furthermore, the asset is situated just across the road from a Walmart Supercenter, helping draw more shoppers into the area and increasing consumer traffic to the site. Moreover, the McDonald’s will have a newly developed Wawa located adjacent, promoting crossover retail traffic to the site. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Kroger, ALDI, The Home Depot, Dollar General, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 89,800 with an affluent average household income of $102,062.
Location
Gallery