About This Restaurant
Investment Highlights
Corner parcel with interstate visibility Absolute, NNN income through December 26, 2029 Abundant parking and grandfathered signage Vacant Jack in the Box within revitalizing submarket Minutes to future Oracle world headquarters and River North
Executive Summary
1504 Hampton St is a vacant Jack in the Box property within the revitalizing Talbot's Corner submarket of East Nashville. The tenant, Jack in the Box, pays absolute, NNN rent pursuant to its existing lease through December 26, 2029. The corner property is situated along the path of growth close to various notable developments. It enjoys brick construction, available parking, a drive thru, and signage. The property could suit owner-occupants interested in repurposing the existing structure or developers interested in redeveloping the site.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
- Building Size 2,811
- Building Class B
- Year Built 2001
- Price 2,349,000
- Price Per SF 836
- Cap Rate 6.60
- NOI 154,938
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 0.59 AC
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 071-06-0-006 | Improvements Assessment | $92,520 |
| Land Assessment | $538,160 | Total Assessment | $630,680 |
| Date Created: | 2024-07-16 04:23:37 | Last Updated: | 2024-07-16 04:23:37 |
| Address: | 1504 Hampton St , Nashville, Tennessee, 37207 | ||