First Watch

Murfreesboro
,
TN
Tennessee
Nashville

Call for Details

$

4,531,000

Call for Details
5.25
%
CAP Rate

30 Miles

from Downtown Nashville

Robust Cotenancy

within South Boro Shops Development

24,200+ Students + Staff

Near Middle Tennessee State University

Property details
  1. New 12-Year NNN Lease to First Watch (NASDAQ: FWRG)
    • 10% Rental Escalation in Year 7 and at Options
  2. Corporate Lease to Rapidly Growing Casual Dining Concept
    • Plans to Grow to 2,000+ Locations in Coming Years
  3. Brand New 2024 Construction
  4. Excellent Access and Visibility Along S. Church Street
    • 52,028 AADT
  5. 1.5 Miles from the Highly Trafficked Interstate 24 Arterial
    • 138,023 AADT
  6. Low Submarket Vacancy of 1.8%
    • 10.9 Million SF of General Retail in Submarket
  7. Annual Population Growth Rate of 2.1% within 3 Miles of Site
  8. Murfreesboro is the Largest Suburb in Tennessee
  9. Nashville MSA GDP of $187.8 Billion
  10. Tennessee is One of the Top 10 States with the Highest Net Migration
  11. No State Income Tax in Tennessee
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
3,900
SF
Lot Size
AC
View Offering Memorandum
View Offering Memorandum
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772