Premium, 15-Year, Corporate, Absolute NNN Ground Lease with Jim 'N Nicks Bar-B-Q in the Nashville-suburb of Hendersonville, Tennessee.
15 Year Initial Term, Four 5-Year Options, with Zero Landlord Responsibilities, and 10% Rent Bumps Every 5 Years as a hedge against inflation.
Site sits adjacent to brand new Chick-Fil-A and Valvoline Instant Oil Change, which are also available for purchase.
Brand new Jim 'N Nick's Bar-B-Q with double drive-through and 54-parking spaces on approximately 1.53 acres with rent commencing in November 2025
Site has access to 3 different curb cuts along East Main Street (US Highway 31E), including a new traffic light scheduled to be installed at Maple Row Boulevard.
Affluent Suburb of Nashville, with Average Household Incomes of $136,000+ within 5 miles of the site, located in Tennessee, with NO state income tax!
Other nearby retailers and restaurant uses include Publix, Kroger, Lowe's Home Improvement, Raising Canes, Starbucks, and In-N-Out Burger.
Jim 'N Nicks is majority-owned by Roark Capital, a private equity group with $40 billion in assets under management. Roark brands generate approximately $96 billion in annual system revenues from 109,000+ locations located in 50 states and 121 countries, spanning multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities.