366 W Sam Ridley Pky - Fast Food FOR SALE


Smyrna, TN 37167- Smyrna/La Vergne
$1,200,000 USD
888-993-5344
366 W Sam Ridley Pky, Smyrna, TN for Sale
$1,200,000 USD
Fast Food - FOR SALE
1/8
null | 5.83% Cap Rate

366 W Sam Ridley Pky
Smyrna, TN 37167
Smyrna/La Vergne


HIGHLIGHTS

  • 7+ Years Remaining on Primary Term; Upcoming 10% Rent Increase in March 2027; Absolute NNN Ground Lease; Zero Landlord Responsibilities
  • Personal Guarantee From Franchisee on Lease (Contact Broker for Details); Brand New 2023 Construction
  • Affluent Area with Average Household Income Exceeding $89,150 within 5 Miles; Income Tax Free State of Tennessee
  • High Traffic Corridor; Over 32,800 Vehicles per Day along Sam Ridley Parkway
  • 3 Mile Population has Grown at 14.57% since 2020 and is Projected to Continue to Grow at 8.76% through 2029
  • Nearby National Retailers Include: Lowes, Home Depot, Chick-Fil-A, Raising Cane’s, Publix, Kroger, Starbucks, Walgreens, Dunkin, Taco Bell, Bank of Am

OVERVIEW

Income Tax Free State of Tennessee

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$1,858 USD /SF

CAP RATE

5.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee | Nashville MSA (Smyrna), TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

RM16

APN/PARCEL ID

028-044.22-000

ASK ABOUT THIS PROPERTY

Eric VuAnchor Point CapitalMore Info
888-993-5344

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Eric VuAnchor Point CapitalMore Info
888-993-5344

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