2288 Trenton Rd - Fast Food FOR SALE


Clarksville, TN 37040
$2,455,000 USD
602-687-6694
2288 Trenton Rd, Clarksville, TN for Sale
$2,455,000 USD
Fast Food - FOR SALE
1/5
null | 3.75% Cap Rate

2288 Trenton Rd
Clarksville, TN 37040


HIGHLIGHTS

  • 20 Years Remaining on Absolute Triple-Net (NNN) Corporate Ground Lease with McDonald's (NYSE: MCD)
  • 5% Rental Increases Every 5 Years with Multiple Renewal Options
  • 116,584 Residents within a Five-Mile Radius
  • Rapidly Growing Trade Area - Population Projected to Increase Nearly 17% in the Immediate Area by 2028
  • The State of Tennessee is a Tax Free State
  • Outparcel to a Top Performing Publix Super Market

OVERVIEW

McDonald’s Corporation (NYSE: MCD) is an American fast food chain, well-known for its hamburgers. From humble beginnings as a small restaurant, McDonald’s has grown to become one of the world’s leading food service brands with nearly 40,000 restaurants in more than 100 countries. The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky. Between 2020 and 2021, Montgomery County experienced rapid population growth of 6.4%.

FOR SALE DETAILS

PRICE

$2,455,000 USD

PRICE/SF

$541 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's 20 Yr Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

-

APN/PARCEL ID

041-039.15-00006041

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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