133 Hutton Pl - Fast Food FOR SALE


Ashland City, TN 37015
$1,919,000 USD
602-687-6780
133 Hutton Pl, Ashland City, TN for Sale
$1,919,000 USD
Fast Food - FOR SALE
1/5
null | 5.5% Cap Rate

133 Hutton Pl
Ashland City, TN 37015


HIGHLIGHTS

  • Over 13 Years Remaining on Triple-Net (NNN) Lease - Multi-Unit Operator
  • 1 Percent Annual Rental Increases with Multiple Renewal Options
  • Tenant Operates Over 230 Locations and Counting
  • Dense Retail Corridor Surrounded by National Tenants: Walmart, Dollar Tree, Taco Bell, Burger King, and More
  • Rapidly Growing Trade Area in the Nashville MSA - Households and Population Projected to Increase 6-7 Percent in the Immediate Area by 2030
  • Excellent Frontage Along Highway 12 (Approximately 16,600 Cars per Day) with Direct Access to Downtown Nashville

OVERVIEW

Founded in 1972, the Popeyes brand has more than 50 years of history and culinary tradition. Popeyes’ culinary heritage is built upon the rich Cajun and creole flavor profiles that are unmistakably Louisiana. New CFH, LLC (“NCFH”) is a 230-Unit entity, and wholly owned subsidiary of Restaurant Brands International, Inc. Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with nearly $47 billion in annual systemwide sales and over 33,000 restaurants in more than 120 countries and territories. Ashland City in a town and the county seat of Cheatham County, Tennessee. Part of the Nashville metropolitan area, the town is home to over 5,600 residents.

FOR SALE DETAILS

PRICE

$1,919,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

062-003.03

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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