2128 N Locust Avenue
Lawrenceburg, TN 38464
HWY 55 BURGERS, SHAKES & FRIES
| Offering Summary | |||
|---|---|---|---|
| Price | $3,013,333 | Cap Rate | 6.00% |
| NOI | $180,800.00 | Rentable SF | 2,490 SF |
| Lot Size | 27,442 +/- SF | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2023 Construction (Relocation Site)
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Located at the Entrance to a Wal-Mart Supercenter
- Signalized Intersection with Excellent Visibility & Access Along N
Locust Ave with Traffic Counts Exceeding 20,000 Vehicles Per Day - Directly off North Locust Avenue (The Major North/South
Thoroughfare Connecting Lawrenceburg with Nashville) - 4.0% Expected Population Growth Over Next 5-Years
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com