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701 TN-76White House, TN 37188
Whataburger | Nashville, TN | 4.75% Cap
Asset ClassRetail
Cap Rate4.75%
Abs. NNN Corporate | Nashville, TN MSA
overview of deal

Overview

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Whataburger | White House, TN. This premises has recently been ground lease to Whataburger for a fifteen year initial term The Asset is well positioned in the main commerical corridor of White House, TN which is located 26 miles north of Nashville, TN.

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Investment Highlights

ATTRACTIVE LEASE FUNDAMENTALS

  • 10% rent increase every 5 years and during options periods
  • Absolute NNN Ground lease with no early termination clause

WELL POSITIONED IN RETAIL CORRIDOR

  • Located on a Lighted Intersection of Hwy 76 (18,776 AADT) & N. Sage Rd
  • 0.32 miles to I-65 (64,728 AADT)
  • Over 690K SF of Retail Space within a 1-mile radius

AFFLUENT TRADE MARKET

  • Average Household Incomes exceeds $94K within a one mile radius

FAST GROWING TENANT

  • Over 930 Locations
  • Currently in 14 States
  • Over 50K Employees
  • Over $3 Billion in Sales Annually

RECENTLY RETROFITTED BUILDING

  • The existing building has been retrofitted to specifically serve the Tenant’s needs
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701 TN-76White House, TN 37188

Sales Team

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Listing provided by Revere CRE