Listing Summary
Prime Absolute NNN fast-food ground lease in TN! 7+ yrs left, 10% rent bump Dec 2027, $146k+ AHHI in 1 mi, 2023 build, zero landlord duties & tax-free state.
Full Description
Prime Fast-Food NNN Ground Lease Investment Opportunity | Nolensville Pike Corridor
Discover an exceptional passive income commercial real estate investment situated in a highly affluent, rapidly expanding Middle Tennessee submarket. Located directly along a busy arterial route, this modern single-tenant quick-service restaurant (QSR) asset features an absolute triple-net (NNN) ground lease with zero landlord management responsibilities, built-in rent growth, and powerful local residential drivers.
Executive Investment Highlights
-
Absolute NNN Ground Lease – 100% Passive Ownership: Offers complete peace of mind with zero landlord duties, making this an ideal turn-key opportunity for 1031 exchange buyers, private investors, or family trusts seeking secure, hands-off income.
-
7+ Years Remaining with Built-In Rent Growth: Secure primary lease term remaining, highlighted by an upcoming 10% rent increase in December 2027, providing immediate yield upside and a strong hedge against inflation.
-
Affluent & Highly Dense Submarket:
-
Exceptional local wealth with average household income exceeding $146,000 within a 1-mile radius.
-
Dense infill demographic base with a population exceeding 125,000 residents within 5 miles.
-
Zero State Income Tax Advantage: Located in Tennessee, one of the nation's most business-friendly tax states with no personal state income tax, allowing investors to maximize net returns.
-
Directly Fronting Major Residential Developments: Strategically positioned at the entrance of two premier developments: the newly constructed Southcrest Reserve Apartments (108 units) and the Southpoint Community (170 single-family homes), generating built-in, daily neighborhood customer flow.
-
High-Visibility Commercial Corridor: Positioned just off Nolensville Pike, exposing the site to over 15,500 vehicles per day (VPD) along a key transit and retail thoroughfare.
-
Franchisee Personal Guarantee: Backed by a personal guarantee from the franchisee operator for added lease security (contact broker for complete franchisee profile and financial details).
-
Modern 2023 Prototype Construction: Custom-built in 2023 to optimize fast-food drive-thru operations, customer flow, and high sales efficiency.
-
Premier National Retail Synergy: Surrounded by top-tier national retailers and daily-needs anchors, including ALDI, Publix, Kroger, Starbucks, Walgreens, McDonald's, Taco Bell, and Bank of America.
Property Specifications & Financial Breakdown
This brand-new, single-tenant QSR property is engineered for maximum operational efficiency on a spacious corner parcel in a dense infill setting.
| Investment & Property Attribute |
Specification Details |
| Property Type |
Commercial Retail |
| Property Subtype |
Fast Food / Quick-Service Restaurant (QSR) |
| Building Size (GLA) |
655 SF |
| Building Class |
Class B |
| Year Built |
2023 (New Construction) |
| Tenancy |
Single-Tenant |
| Building Height |
1 Story |
| Building Floor Area Ratio (FAR) |
0.03 |
| Lot Size |
0.59 Acres (approx. 25,700 SF) |
| Zoning |
CLA |
| Parking Ratio |
5 Spaces (7.63 Spaces per 1,000 SF Leased) |
| Street Frontage |
49 Feet on Gant Hill Drive (Off Nolensville Pike) |
Quick Glance
- Listing ID:
CL-Tennessee-27281
- Status:
Active
- Year Build:
N/A
- Building Size:
655 SqFt
- Lot Size:
0.59 Acr
-