Listed by Sands Investment Group Los Angeles, Sands Investment Group, Sands Investment Group Philadelphia
$3,652,173
City Barbeque - Smyrna, TN
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,500
Cap Rate 5.75%
NOI $210,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $1,043
Year Built 2026
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
Nashville MSA | City Barbeque | New Construction Ground Lease
Marketing description
Sands Investment Group is pleased to exclusively present for sale a brand-new construction, 3,500 SF ground lease City Barbeque located at Lot 7 Sewart’s Landing in Smyrna, TN, with an anticipated opening in late May 2026. The property benefits from a strong co-tenancy mix, including Wawa, Bank OZK, and Jonathan’s Grille, creating a high-traffic, synergistic retail environment and providing for a compelling investment opportunity.
Investment highlights
- High-Traffic Retail Corridor: Positioned along Sam Ridley Parkway (47,000+ VPD) with strong connectivity to surrounding retail and major thoroughfares.
- Strategic Nashville MSA Location: Smyrna is one of the fastest-growing submarkets with strong population growth and retail demand.
- Located Within Sewart’s Landing: A $400M, ±44-acre master-planned mixed-use development featuring retail, office, residential, and hospitality components.
- Strong Tenant Lineup & Synergy: Co-tenancy includes national and regional users such as Wawa, Bank OZK, Jonathan’s Grille, and additional retail and service concepts, creating a true “live-work".
- Outparcel to Sprouts Farmers Market: High-visibility pad within a grocery-anchored development, driving consistent daily traffic and strong consumer draw.
Listing Contacts
Listed by Sands Investment Group Los Angeles, Sands Investment Group, Sands Investment Group Philadelphia
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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