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32200984
32200983

3584 Shelbyville Highway, Murfreesboro, TN 37127

MM
CA 01732226
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$3,795,000
36 days on market
Updated 36 days ago

McDonald's

Details
APN 136-004.01-000
Property Type Retail
Sub Type Restaurant
Square Footage 3,808
Cap Rate 3.75%
NOI $142,180
Tenancy Single
Brand/Tenant McDonald's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/01/2046
Remaining Term 20
Rent Bumps Yes
Lease Options 8 (5-year) options to extend
Class A
Year Built 2026
Acreage 1.230
Zoning Commercial
Parking Spaces 46 spaces
Parking Per SqFt 12.08
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/01/2026
Ground Lease Yes
Ownership Leased Fee (Land Ownership)

Retail | 3.75% CAP | 3,808 SqFt

Marketing 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.

Investment highlights

  • Tenant recently signed a brand-new 20-year lease with 8 (5-year) option periods to extend, demonstrating long term commitment to the site
  • McDonald's USA, LLC corporate signed ground lease
  • Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
  • The property features brand new construction, with modern design and state-of-the-art amenities
  • Features excellent visibility and access along Shelbyville Pike, further enhanced by its position near a signalized, hard-corner intersection at Tiger Hill and Shelbyville Pike
  • Tenant pays for CAM, taxes, and insurance
  • No landlord responsibilities
  • Ideal, management-free investment for a passive investor
  • Located along Shelbyville Pike, which averages 50,500 vehicles passing by daily and is a major retail thoroughfare serving the city of Murfreesboro
  • Positioned just west of Interstate 24 (70,100 VPD), a major east/west travelling highway connecting Nashville and Chattanooga
  • Situated just across the road from a Walmart Supercenter, helping increase consumer traffic to the site
  • McDonald's will have a newly developed Wawa located adjacent, promoting crossover retail traffic to the site
  • Located in the center of a primary retail corridor with other national/credit tenants including Kroger, ALDI, The Home Depot, Dollar General, and more
  • Strong tenant synergy promotes crossover shopping to the subject property
  • More than 89,800 residents and 26,100 employees support the trade area
  • Affluent average household income of $102,062

Listing Contacts

MM
CA 01732226
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$142,180.00
$11,848.33/mo

Valuation Metrics

0
DSCR
3.75%
Cap Rate
3.75%
ROI

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Additional Information

Name
Sarah Shanks
License
378371
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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