449 TN-109
Lebanon (Nashville), TN 37090
Chipotle & Chase Bank
| Offering Summary | |||
|---|---|---|---|
| Price | $8,697,000 | Cap Rate | 5.25% |
| NOI | $456,642 | Rentable SF | 5,658 SF |
| Lot Size | 1.35 +/- Acres | Year Built | 2025 |
| Lease Type | NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2025 High-Quality Construction in Tax Free State
- Long-Term 15-Year NNN Leases with 10% Increases Every 5-Years
- Corporately Guaranteed by Chase Bank (NYSE: JPM) and Chipotle (NYSE: CMG)
- Outparcel to New Publix Supermarket at the Signalized Intersection of TN-109 & Hickory Ridge Road with Traffic Counts Exceeding 40,000 Vehicles Per Day
- Affluent Nashville Suburb w/ Average Household Income Exceeding $102,000
- Located in One of the Fastest Growing Markets in the Country – The 10-Mile Population is Projected to Grow to More than 181,000 Over the Next 5-Years, Reflecting a Growth Rate of Over 17%
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]