500 E Broadway Blvd - Fast Food FOR SALE


Jefferson City, TN 37760
$2,958,000 USD
973-632-1386
500 E Broadway Blvd, Jefferson City, TN for Sale
$2,958,000 USD
Fast Food - FOR SALE
1/9
null | 5.3% Cap Rate

500 E Broadway Blvd
Jefferson City, TN 37760


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Guaranteed | Well-Known & Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along Broadway Avenue | Centralized Location |2025 Construction | Drive-Thru Equipped | Excellent Visibility
  • Dense, Developing Retail Trade Area | Carson-Newman University
  • Direct Residential Consumer Base |Demographics in 5-Mile Trade Area
  • Knoxville MSA

OVERVIEW

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, newly built, corporate guaranteed, Dutch Bros investment property located in Jefferson City, TN. The tenant, BB Holdings TN, LLC, recently signed a brand new 15-year lease with 3 (5-year) option periods, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is guaranteed by Boersma Bros, LLC and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment property for a passive investor. The asset, which is slated to open in Q2 2025, will feature a state-of-the-art design using the highest-quality materials available.

FOR SALE DETAILS

PRICE

$2,958,000 USD

PRICE/SF

$3,114 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B-3

APN/PARCEL ID

015O A 00700

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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