Larry Dwyer - Commercial Real Estate Showcase

Larry Dwyer Property Listings
Orange Realty Group
6230 McLeod Dr
Suite 100
Las Vegas, NV 89120
(702) 617-0000


DetailMap
1006 Memorial Boulevard - O’Charley’s

Murfreesboro, TN 37129 - Rutherford County Ret Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1986
Building Size:6,516 SF Land Area:1.99 AC (86,684 SF)
For Sale Price:$3,120,000 Price/SF:$478.82
Cap Rate:7.00 %
Parking:148 Surface spaces are available


Predominant land uses and competitors in the local market include La Petite Academy, Middle Tennessee State University, Wendy's, Donut Country, CVS Drug Store, Dunkin Donuts, Logans Roadhouse, Hooters, Popeyes, Burger King, Chili's, Jimmy John, Subway, Taco Bell, Pizza Hut, Hardee's, McDonalds, AutoZone, a Sonic, Koji Express Japanese Grill, Walgreens, Auto dealerships & two new banks. Supportive single and multi family residential development is located in the surrounding area. All brick building, huge double lot and lush landscaping.

Sale Notes:
PRICE REDUCED--7% CAP--MOTIVATED SELLER with OTHER interests. PLEASE DO NOT BOTHER EMPLOYEES! Street to street 1.99 acre lot. " American Blue Ribbon Holdings, subsidiary to Fidelity National Finance (NYSE: S&P: BBB+) corporate guaranteed lease with approximately 7 years remaining. O'Charley' s, Inc. is headquartered in Nashville, TN. & has over 200 locations in 17 states. O'Charley' s, Inc. was purchased by Fidelity National Finance. American Blue Ribbon Holdings, LLC is a subsidiary of Fidelity National Finance and its subsidiaries operate several concepts: O' Charley's Restaurant & Bar, 99 Restaurants, Village Inn, Max & Erma' s, Baker' s Square, and Legendary Baking. Annual Rent Increases of 1.75%*. Primary 20 year Lease Expires 10/31/23 PLUS 4 Five Year Options to Extend the Lease. CURRENT ANNUAL NET RENT $218,523. NEXT RENT INCREASE OF 1.75%* OCT. 17, 2016 *See Rent Addendum. SEND QUESTIONS or COMMENTS by EMAIL. They always find me.
NOT A FRANCHISE. CORPORATE STORE. Predominant land uses and competitors in the local market include La Petite Academy, Middle Tennessee State University, Wendy's, Donut Country, CVS Drug Store, Dunkin Donuts, Logans Roadhouse, Hooters, Popeyes, Burger King, Chili's, Jimmy John, Subway, Taco Bell, Pizza Hut, Hardee's, McDonalds, AutoZone, a Sonic, Koji Express Japanese Grill, Walgreens, Auto dealerships & two new banks. Supportive single and multi family residential development is located in the surrounding area. All brick building, huge double lot and lush landscaping. SEND QUESTIONS or COMMENTS by EMAIL. They always find me.

Orange Realty Group
Larry Dwyer
(702) 617-0000




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