471 Old Hickory Blvd - Fast Food FOR SALE
Brentwood, TN 37027 |
$3,536,923 USD
615-671-4431
471 Old Hickory Blvd
Brentwood, TN 37027
HIGHLIGHTS
- LONG TERM LEASE – Zaxby’s has over ±10.7 years remaining on their original 20-year lease, allowing for a long-term investment.
- ZERO LANDLORD OBLIGATIONS – The tenant is on an absolute NNN lease allowing for a truly passive investment.
- OPTIONS TO EXTEND LEASE – Zaxby’s has four, 5-year renewal options to extend the lease.
- NASHVILLE METROPOLITAN STATISTICAL AREA – Nashville is the most populous metro area in Tennessee, with a population of just over 2 million people.
- DENSE RETAIL CORRIDOR – Kroger outparcel and adjacent to countless national retailers (Walmart, McDonald’s, Publix, Walgreens, Wendy’s, Starbucks...
- DENSE POPULATION – There are more than 159,345 people in a 5-mile radius.
FOR SALE DETAILS
PRICE
$3,536,923 USD
PRICE/SF
$1,119 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ZAXBY'S
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
SCC
APN/PARCEL ID
161-00-0-278
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615-671-4431
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615-671-4431
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