About This Restaurant
Investment Highlights
Corporately guaranteed by all 250+ Jack?s locations Extremely conservative rent to sales ratio | Brand new, high quality construction Nearby national tenants include Walgreens, McDonald?s, Tractor Supply Co., Sonic, and Domino?s Pizza, among others ?Built-in? credit enhancement ? Jack?s is growing by approximately 20 new locations per year Situated off of Rankin Avenue with over 14,000 passing VPD near downtown Dunlap in the main retail corridor Three schools (combined 2,059 students) are located down the street from the Subject Property
Executive Summary
? Corporately guaranteed by all 250+ Jack?s locations? ?Built-in? credit enhancement ? Jack?s is growing by approximately 20 new locations per year? Extremely conservative rent to sales ratio? Brand new, high quality construction? Situated off of Rankin Avenue with over 14,000 passing VPD near downtown Dunlap in the main retail corridor? Nearby national tenants include Walgreens, McDonald?s, Tractor Supply Co., Sonic, and Domino?s Pizza, among others? Three schools (combined 2,059 students) are located down the street from the Subject Property
Property Details
- Sale Type Investment NNN
- Sale Condition Sale Leaseback
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 3,572
- Building Class B
- Year Built 2024
- Price 1,709,402
- Price Per SF 479
- Cap Rate 5.85
- NOI 100,000
- Tenancy Single
- Building Height 1 Story
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Date Created: | 2024-07-16 04:23:37 | Last Updated: | 2024-07-16 04:23:37 |
Address: | 14937 Rankin Ave , Dunlap, Tennessee, 37327 |