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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  • 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