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Ashland City, TN 37015
Popeyes
Property Address
133 Hutton Place, Ashland City, TN, USA
Offering Summary
Price:
$1,919,000
Lot Size:
0.69 Acres
Cap Rate:
5.50%
Year Built:
2019
Building SF:
2,256
Status:
Available
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Principal
Broker
13+ Years Remaining on Triple-Net (NNN) Lease - Multi-Unit Operator
1% Annual Rental Increases with Multiple Renewal Options
Tenant Operates 230+ Locations and Counting
Dense Retail Corridor Surrounded by National Tenants: Walmart, Dollar Tree, Taco Bell, Burger King, and More
Rapidly Growing Trade Area in the Nashville MSA - Households and Population Projected to Increase 6-7% in the Immediate Area by 2030
Excellent Frontage Along Highway 12 (±16,600 Cars per Day) with Direct Access to Downtown Nashville
Average Household Income Exceeds $91,000 in the Surrounding Area
Immediate Proximity to Multiple Multifamily Developments Comprising ±615 Units
Broker Information
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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