1002 Tennessee 76 - Convenience Store FOR SALE


White House, TN 37188
$11,710,000 USD
512-573-0101
1002 Tennessee 76, White House, TN for Sale
$11,710,000 USD
Convenience Store - FOR SALE
1/10
null | 5.15% Cap Rate

1002 Tennessee 76
White House, TN 37188


HIGHLIGHTS

  • Brand-new 2024 construction featuring a 7-Eleven convenience store and fueling station.
  • Absolute NNN lease with 15-year initial term and corporate guarantee from 7-Eleven.
  • Located at the interchange of TN-76 and I-65 with traffic counts exceeding 86,000 vehicles per day combined.
  • Less than one mile from a Walmart Supercenter and surrounded by national QSR and retail brands.
  • Positioned in a high-growth corridor just 25 miles north of Nashville.

OVERVIEW

This property features a newly constructed 7-Eleven convenience store and fueling station located at the interchange of TN-76 and Interstate 65, providing exceptional visibility and access to both local and regional traffic. The site spans 3.47 acres and is strategically positioned less than a mile from a Walmart Supercenter-anchored shopping center, ensuring strong crossover traffic and consistent customer flow. The asset is secured by an absolute NNN lease with a corporate guarantee from 7-Eleven, offering zero landlord responsibilities. The lease commenced in August 2024 and runs through September 2039, providing over 13 years of remaining term with 7.5% rent increases every five years during both the primary term and renewal options. With a cap rate of 5.15% and NOI of $602,914, this property offers a stable, long-term investment opportunity backed by a credit-rated tenant. White House, Tennessee, is a rapidly growing community located just 25 miles north of downtown Nashville. The area has experienced nearly 29% population growth over the past five years, supported by strong demographics and a robust retail environment featuring national brands such as McDonald’s, Whataburger, Kroger, and Love’s.

FOR SALE DETAILS

PRICE

$11,710,000 USD

PRICE/SF

$2,518 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.77 AC

LAND SF

164,221 SF

ZONING

-

APN/PARCEL ID

074106F A 01303,106F-A-021.00

ASK ABOUT THIS PROPERTY

Teddy LeonardStonecliffMore Info
512-573-0101

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Teddy LeonardStonecliffMore Info
512-573-0101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.