7971 US Hwy 51 - Fast Food FOR SALE
Millington, TN 38053 |
7971 US Hwy 51
Millington, TN 38053
HIGHLIGHTS
- Brand New 2023 Construction on an Over-Sized Parcel With Excellent Ingress/Egress
- 10 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and Four (4), Five Year Extension Options
- Rare Corporate Guaranty From Scooter's Coffee
- 10% Rental Increases Every 5 Years
- Scooter's Coffee is a Fast-Growing National Drive-Thru Coffee Chain; Founded in 1998 the Company is Rapidly Expanding and Approaching 600 Locations
- Located in a Prime Retail Trade Area: Notable Tenants in the Area Are Wendy's, Kroger, Walgreens, McDonald's, Jack's, Domino's Pizza and More
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
664
STORIES
1
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
M0-115I-H0-0056
