1303 Memorial Blvd - Fast Food FOR SALE
Springfield, TN 37172 |
1303 Memorial Blvd
Springfield, TN 37172
HIGHLIGHTS
- Absolute NNN Lease – The lease is absolute NNN with the Tenant being responsible for all expenses and maintenance related to the property
- Corporate Guarantee – The lease is guaranteed by Arby’s corporate entity, providing a substantial net worth backing the rent and lease obligations
- Proven Operating History – Arby’s has been operating at the location for over 20 years, recently remodeling the building and renewing an option period
- Recent Remodel – The tenant recently remodeled the building at its expense, demonstrating commitment to the location
- Nashville, TN MSA – Springfield is a suburb of Nashville, the capital of Tennessee, and home to almost 700,000 people
- Recession & Pandemic Resistant Tenant – Historically, quick service restaurants maintain success in an economic recession
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Arby's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
3179
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
-
APN/PARCEL ID
080O-D-053.00
