262 E Main St - Retail FOR SALE


Hendersonville, TN 37075
$3,373,494 USD
615-269-5444
262 E Main St, Hendersonville, TN for Sale
$3,373,494 USD
Retail - FOR SALE
1/5
null | 4.15% Cap Rate

262 E Main St
Hendersonville, TN 37075


HIGHLIGHTS

  • Newly Constructed 6,108 SF building on 2.37 acres in Hendersonville, Tennessee (Nashville MSA)
  • Brand New 15-Year NNN Ground Lease
  • Site is located at a new signalized intersection next door to a brand new Jim 'N NIcks and Valvoline along East Main St (25,000+ cars per day) in Hend
  • Nearby retailers include Publix, Kroger, Lowe's, PetSmart, Office Depot and Raising Canes
  • No State Income Tax in Tennessee

OVERVIEW

Newly Constructed 6,108 SF building on 2.37 acres in Hendersonville, Tennessee (Nashville MSA) Brand New 15-Year NNN Ground Lease with 10% increases every 10 years Site is located at a new signalized intersection next door to a brand new Jim 'N NIcks and Valvoline along East Main St (25,000+ cars per day) in Hendersonville, 18 miles northeast of Downtown Nashville Nearby retailers include Publix, Kroger, Lowe's, PetSmart, Office Depot and Raising Canes Hendersonville is currently experiencing unprecedented growth in retail and office development, with over $1 billion in new development approved for construction No State Income Tax in Tennessee

FOR SALE DETAILS

PRICE

$3,373,494 USD

PRICE/SF

$552 USD /SF

CAP RATE

4.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

New Construction Chick-Fil-A - Nashville MSA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

-

APN/PARCEL ID

159J A 05100

ASK ABOUT THIS PROPERTY

Steele McDonaldOldacre McDonald, LLCMore Info
615-269-5444

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Steele McDonaldOldacre McDonald, LLCMore Info
615-269-5444

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