Descriptif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Fifth Third Bank at 1919 N Mt. Juliet Road in Mt. Juliet, Tennessee (“Property” or “Asset”). The Property will operate on an absolute NNN ground lease with 20.0 years of primary lease term, 10.0% rent escalations every 5 years and four, five-year renewal options.

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Attributs

Prix demandé

4 501 000 $

Taux de capitalisation

4,75 %

RNI

214 000 $

WAULT

20 années

Superficie du bâtiment nette

223 mètres carrés

Année de construction

2026

Superficie du terrain brute

0,4 ha

Média

Points forts de l'investissement

Absolute NNN ground lease with 20.0 years of primary lease term
Investment grade tenancy (‘A’) from S&P
Anchored by new construction Sprouts Farmers Market with 14+ years of term
Outparcel to new Evertte Downs development with tenancy including Sprouts, My Eye Dr, Back Nine, and more
Located in one of the fastest growing and most highly sought after submarkets in Nashville (1-mile AHHI: ~$200K)
Super-regional access via connectivity to I-40 (AADT: ~100K) & N Mt. Juliet Rd (AADT: ~36K)
Nashville is the #1 best investment market in the nation and the #4 fastest growing MSA in the last 3 years