3475 Dickerson Pike, Nashville, TN, 37207, US

Thorntons - Nashville, TN

资产描述

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the 4,400 square foot freestanding, under construction single-tenant Thorntons located at 3475 Dickerson Pike in Nashville, TN (“Property” or “Asset”). The Asset is 100% leased to Thorntons LLC ( “Tenant”) with a brand new 15.0-year ground lease, 10.0% rent escalations every 5-years, and seven, five-year renewal options with no landlord responsibilities. Thorntons parent company is BP, the largest energy company in America, with an investment grade (S&P: ‘A-’) rating.

Situated in the rapidly growing East Nashville, Thorntons benefits from its position along Dickerson Pike (23,00 VPD), one of the busiest roads in Nashville and the main throughfare in and out of downtown other than I-65. The Property sits directly off Briley parkway and Interstate 65 with access to more than 246,000 VPD combined. Thorntons is the first gas station off a major Interstate 65 southbound exit heading into downtown Nashville.

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属性

询价

¥36,449,000

资本化率

5.25%

净运营收入

¥1,914,000

加权平均未到期租赁期

14.3 年

建成年份

2024

建筑净面积

409 平方米

媒体

投资亮点

Brand new absolute NNN ground lease with zero landlord responsibilities, ±14.3 years of remaining lease term, and 10.0% escalations every 5-years
Thorntons is a leading independent convenience and fuel center retailer owned by BP, an investment grade parent company (S&P: ‘A’)
Adjacent to Skyline Commons Shopping mall anchored by Walmart and Lowes with 2.9 million visits annually
Strategically positioned along Dickerson Pike, one of the busiest roads in Nashville (246,000 VPD) and a rapidly growing corridor
Adjacent to Tristar Skyline Medical Center with 353 beds and Hampton Inn & Suites with 126 keys
Thorntons is the first major gas station off a major I-65 southbound exit