612 Fesslers Ln & 500 Murfreesboro Pike Terrain 0,3 ha À vendre 2 026 300 € Nashville, TN 37210

Murfreesboro Pike and Fesslers Lane – This lot is situated in a highly desirable commercial district of Nashville. It has high visibility and great access to major transportation routes such as I-24, I-40, and I-440. South Nashville is transforming as developers are building mixed-use and residential spaces in the area. The total population within a three-mile radius from 500 Murfreesboro Pike and 62 Fesslers Lane is more than 102,276.
No Landlord Responsibility – The property is subject to an absolute NNN ground lease, meaning the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, providing investors with zero landlord responsibilities.
McDonalds – McDonalds has recently extended a forty-year lease for five years beginning September 1, 2023, with three subsequent five-year renewal options and ten percent increases for each option period. McDonalds, founded in 1954, is a leading global food service retailer with a total of 40,275 restaurants worldwide in over 100 countries. McDonalds revenue for the second quarter ending June 30, 2023 was $6.50 billion and McDonalds annual revenue for 2022 was $23.18 billion.