9375 Dayton Pike - Fast Food FOR SALE


Soddy Daisy, TN 37379
$2,942,052 USD
214-692-2216
9375 Dayton Pike, Soddy Daisy, TN for Sale
$2,942,052 USD
Fast Food - FOR SALE
1/3
null | 6.75% Cap Rate

9375 Dayton Pike
Soddy Daisy, TN 37379


HIGHLIGHTS

  • Absolute NNN Lease with Zero Landlord Responsibilities: The property is leased on an absolute triple-net basis
  • Strategic Location Adjacent to National Retailers: Positioned along Dayton Pike in Soddy-Daisy, the property is surrounded by major national retailers
  • Long-Term Corporate Lease: Bojangles operates under a 10-year corporate-guaranteed lease, featuring 7.5% rent increases every 5 years
  • Strong National Tenant: Founded in 1977 and headquartered in Charlotte, NC, Bojangles operates 800+ locations nationwide
  • Attractive Demographics & Affluent Trade Area: Within a 5-mile radius, the population exceeds 39,000 with an average household income of $99,000
  • Modern Construction on a Large Parcel: Built in 2016, the ±3,870 SF building sits on ±1.53 acres

OVERVIEW

Broker of Record Hutt Cooke License # 263667 (TN) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,942,052 USD

PRICE/SF

$760 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C2

APN/PARCEL ID

066-006.04

ASK ABOUT THIS PROPERTY

Clay SmithMatthews Real Estate Investment ServicesMore Info
214-692-2216

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Clay SmithMatthews Real Estate Investment ServicesMore Info
214-692-2216

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