Chick-fil-A for Sale in Nashville, TN
Nashville, TN
Key Investment Metrics
Price
$2,470,000
Cap Rate
4.5%
Net Operating Income
$110,000
Building Size
4631 SF
Land Area
1.12 Acres
Remaining Term
5.9 years
Lease Type
Absolute NNN
Year Built
2002
Tenancy
Single
Rent Increases
10.0% Every 5 Years
Property overview
Chick-fil-A in Nashville
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,631 SF
- Land area
- 1.12 acres
- Year built
- 2002
- Lease type
- Absolute NNN
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.