Gallatin, TN (Nashville MSA) 37066

Andy's Frozen Custard

Property Address

1387 Nashville Pike, Gallatin, TN, USA

Offering Summary

  • Price: $3,745,360
  • Lot Size: 1.5 Acres
  • Cap Rate: 5.00%
  • Year Built: 2022
  • Building SF: 1,500
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease
  • 1.5 Percent Rental Increases Occurring Annually
  • 4 Unit Franchisee with Plans to Open 3 More Locations by 2024
  • Rapidly Growing Location within the Nashville MSA - Households Projected to Increase Over 15 Percent within the Trade Area by 2026
  • New High-Quality 2022 Construction with a Drive-Thru
  • Excellent Visibility and Easy Access Along Nashville Pike (20,500+ Cars/Day), Offering a Direct Route to Downtown Nashville
  • Adjacent to Lowe's and Surrounded by Other National Tenants - Publix Super Market, Dutch Bros Coffee, Discount Tire, and More
  • Across from Volunteer State Community College's Main Campus (9,150+ Students)
  • Average Household Income Exceeds $141,000 in the Immediate Area
  • 3 Miles from Historic Downtown Gallatin via Nashville Pike

Broker Information