800 Seven Oaks Blvd - Freestanding FOR SALE


Smyrna, TN 37167- Smyrna/La Vergne
$3,969,000 USD
619-218-6427
800 Seven Oaks Blvd, Smyrna, TN for Sale
$3,969,000 USD
Freestanding - FOR SALE
1/4
null | 4.85% Cap Rate

800 Seven Oaks Blvd
Smyrna, TN 37167
Smyrna/La Vergne


HIGHLIGHTS

  • Brand New 2025 Construction with Drive-Thru
  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporately Guaranteed by Chipotle (NYSE: CMG)
  • Positioned in Front of a Busy Publix at the Signalized Intersection of Lee Victory Pkwy & Almaville Rd w/ Combined Traffic Counts Exceeding 41,000 VPD
  • Dense and Affluent Demographics — 90,000+ Residents Within 5 Miles with Average Household Income Over $94,000
  • Located in One of the Fastest Growing Markets in the Country – The 5-Mile Population is Projected to Grow to More than 105,000 Over the Next 5-Years

OVERVIEW

The subject property is a newly constructed Chipotle drive-thru located in Smyrna, TN. It is positioned in front of a busy Publix within a high-traffic retail corridor. The 15-year absolute NNN lease is corporately guaranteed by Chipotle Mexican Grill, Inc. (NYSE: CMG) and includes 10% rental increases every 5 years in the primary term and in the (4) five-year option periods. The property sits at the signalized intersection of Lee Victory Parkway and Almaville Road, with combined traffic counts of approximately 41,000 vehicles per day. It is also just minutes from the largest Nissan manufacturing plant in the United States, employing over 5,700 people. Situated within the rapidly growing Nashville MSA, Smyrna benefits from one of the fastest-growing economies in the Southeast, supported by a diverse mix of industries including advanced manufacturing, healthcare, and technology. The region offers a strong labor pool, a pro-business environment, and strategic access via I-24 and Nashville International Airport. Within a 5-mile radius, the population exceeds 90,000 residents with an average household income of over $94,000. The population is projected to grow to more than 105,000 over the next five years, reflecting a growth rate of over 15%. Growth is driven by affordable housing, quality schools, and continued investment in infrastructure and commercial development. National retailers in the immediate vicinity include Walmart, Publix, Starbucks, Burger King, Dunkin’, Walgreens, Subway, Lowe’s, and the Nissan Assembly Plant. This offering presents an excellent opportunity to acquire a long-term, corporately guaranteed Chipotle asset with zero landlord responsibilities in a high-growth, business-friendly Tennessee market.

FOR SALE DETAILS

PRICE

$3,969,000 USD

PRICE/SF

$1,707 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle | 15-Year Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,927 SF

ZONING

-

APN/PARCEL ID

050L-A-007.00-000

ASK ABOUT THIS PROPERTY

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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