NNN Chipotle - Nashville (Franklin) TN
New Construction | Absolute NNN | Corporate 15 Year Term | 10% Increases Every Five Years
Marketing description
Introducing an exquisite investment opportunity in Franklin, Tennessee: the Chipotle Property at 2009 Columbia Avenue. This single-tenant absolute NNN property boasts a brand-new 15-year lease with Chipotle, including a drive-thru and corporate guaranty. Situated in the thriving Nashville MSA, this property offers a secure investment with a net operating income of $214,000 and a cap rate of 4.65%. Chipotle, a publicly traded company (NYSE: CMG), ensures stable returns with scheduled rental increases of 10% every 5 years. Featuring a rentable area of 2,264 SF on 1.28 acres of land, this property presents a prime opportunity for investors seeking a hassle-free investment. With no landlord responsibilities and a lease term through November 2040, this property is a sound addition to any investment portfolio. Don't miss your chance to own a piece of prime commercial real estate in a high-income area - contact us today for more details!
Investment highlights
Brand New 15-Year Lease | Corporate Guaranty | Brand New Construction | Scheduled Rental Increases
Absolute NNN Lease | Fee Simple Ownership (Land & Building) | No Landlord Responsibilities
Parkway Commons (250,000+ SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
Near Signalized, Hard Corner Intersection | Excellent Visibility
Local Demographics 5-Mile Trade Area | Six-Figure Income
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