217 Largo Dr - Restaurant FOR SALE


Nashville, TN 37211- Outer Southeast Nashville
$4,230,769 USD
612-413-4200
217 Largo Dr, Nashville, TN for Sale
$4,230,769 USD
Restaurant - FOR SALE
1/4
null | 6.5% Cap Rate


HIGHLIGHTS

  • High Visibility Location
  • Thriving Market
  • Established Tenant

OVERVIEW

Absolute NNN Lease - Absolute NNN Master lease with zero landlord responsibilities. Investors will appreciate the rent bumps, over 8 years of term remaining, and corporate guarantee. Established Tenant - Long-term, established tenant with a solid operator. This property has a large guarantor, HOA Holdco, LLC, which has 350+ company-owned and franchised restaurants. Strategic Location - The property is ideally situated close to a variety of business parks and residential complexes, with convenient access to Nashville International Airport. Located southeast of downtown Nashville, it enjoys a vibrant surrounding area that offers a rich blend of outdoor recreation, shopping, dining, and entertainment options. High Visibility Location - Positioned at the busy junction of I-24 and Hwy 255, the property receives exceptional visibility and convenient access. Thriving Market - Nashville ranks as the 10th fastest-growing city in the U.S. for 2024. The area within a 10-mile radius of the property boasts a population of over 608,000, with an impressive average household income exceeding $103,000.

FOR SALE DETAILS

PRICE

$4,230,769 USD

PRICE/SF

$697 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hooters | Nashville, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

CS

APN/PARCEL ID

134-13-0-247

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.