Skip to main content Skip to footer

Colliers Brokers Sale of Walmart in Murfreesboro

IMG_Walmart_Hero

41,117 SF NNN Neighborhood Market Sold with Full Corporate Guarantee

Murfreesboro, TN. – April 4, 2022 – Colliers today announced the sale of a 41,117 SF Walmart NNN lease retail asset in Murfreesboro, TN. Positioned on approximately 7.62 acres of land and strategically located along the New Salem Highway at the intersection of Carson Lane, the highly-traffic area includes a surrounding tenant list of CVS, Burger King, Exxon, and Anytime Fitness, among others. 

Fully backed by a corporate guarantee from one of the strongest credit tenants in the world, the property delivers an extremely low risk, stable retail investment with zero landlord management risk. Executed with dual escrow, Colliers executive vice presidents, Eric Carlton, and Jereme Snyder brokered the transaction at record pricing. Based in Southern California, Carlton and Snyder specialize in single-tenant and multi-tenant retail investment properties nationwide. The team represented both the seller and a California buyer in the transaction. The deal punctuates the momentum of a dynamic and high-growth market. 

“Bolstered by one of the most tax-advantageous states in America, Tennessee is a boon for investment capital flowing from the West Coast,” said Carlton. “Single NNN retail investors seeking enhanced value on investments continue to find incredible value in these secondary and tertiary markets.“ 
 

Media Contact: 
Leanne Daly 
PR & Communications Specialist | Southwest 
Leanne.Daly@colliers.com 
760-930-7941 
 
Bryan Welch 
Sr. PR & Communications Manager | Southwest 
Bryan.Welch@colliers.com 
801-453-6819 


 
About Colliers 
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers, or LinkedIn

Related Experts

Eric Carlton

Executive Vice President

Los Angeles - Orange County

Colliers NNN Group- Single Tenant Retail Investment Sales.
Principal/Founder of The Snyder/Carlton Team
Licensed in California/Nevada/Georgia/Nebraska/New Mexico

Colliers Everest Member (2015-2017)

View expert

Jereme Snyder

Executive Vice President

Los Angeles - Orange County

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national investment team specializing in the acquisition and disposition of net lease investments throughout the United States. The Teams relationships with qualified institutional and private investors enable them to strategically match buyers with sellers to achieve the best possible match for their clients.

View expert

Leanne Daly

PR & Communications Specialist

Carlsbad

View expert

Bryan Welch

Senior Manager, Public Relations & Communications, Southwest Region

Salt Lake City - Millrock

View expert