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Murfreesboro, Tenn. — Avison Young has arranged the $7.8 million sale of a newly constructed property occupied by Trader Joe’s in Murfreesboro, roughly 35 miles southeast of Nashville. The 13,050-square-foot grocery store is situated on 2.3 acres and opened earlier this year. Jordan Powell, Lisa Maki and Mike Jacobs of Avison Young represented the locally based seller, TDK Corp. Trader Joe’s acquired the property by exercising its right of first refusal.
Founded in 1967, Monrovia, California-based Trader Joe’s operates 608 stores across 43 states.