101 E Sunset Dr - Fast Food FOR SALE


Mt Juliet, TN 37122
$2,700,000 USD
415-690-5522
101 E Sunset Dr, Mt Juliet, TN for Sale
$2,700,000 USD
Fast Food - FOR SALE
1/6
null | 5% Cap Rate

101 E Sunset Dr
Mt Juliet, TN 37122


HIGHLIGHTS

  • Long-term 15-year initial lease with 10% rental increases every five years, providing predictable income growth.
  • Tenant is responsible for all property expenses, including taxes, insurance, and maintenance, ensuring zero landlord responsibilities.
  • Backed by Boersma Bros. LLC, ensuring financial security and stability.
  • Four renewal options of five years each, extending the lease up to 35 years.

OVERVIEW

High-Visibility Retail Corridor: Situated at 101 E Sunset Drive, the property benefits from exceptional visibility along N Mount Juliet Road, which sees over 24,627 vehicles per day (AADT). The site is surrounded by in-demand national retailers and popular local attractions. Absolute NNN Lease: The tenant is responsible for all property-related expenses, including taxes, insurance, and maintenance—offering a truly passive, hands-off investment. Long-Term Lease with Built-In Growth: The 15-year initial lease term includes 10% rent increases every five years, ensuring reliable income growth and increased NOI over time. Demographic Strength: Located within a 5-mile radius of more than 80,000 residents with an average household income exceeding $129,000, the site is ideally positioned to serve a strong, affluent customer base. New Construction: Slated for completion in 2025, the 950 SF building will feature modern, efficient construction tailored to Dutch Bros’ operational standards. Retail Synergy: Surrounded by major anchors such as Walmart, Kroger, Target, and Publix, along with nearby schools and medical centers—driving consistent foot traffic and consumer demand.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$2,842 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

054-160.00

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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