Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
59,860 m²
Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the ground lease interest in the single-tenant Whataburger (the “Property” or “Asset”) located at 4226 Century Farms Terrace in Antioch, TN. The 14-year ground lease operates under an absolute NNN lease structure and is subject to 10% rent increases every 5-years, providing investors a hedge against inflation.
The new construction quick-service restaurant is ideally situated within the heart a master planned mix-use development known as the Century Farms in Nashville, TN. Century Farms is a 300+ acre, mixed-use, master-planned development featuring a wide variety of major retail, office, multifamily and entertainment uses and has achieved zoning for more than 20,000,000 square feet of space.
The development is already home to Tanger Outlets, which opened a 290,000 square foot Outlet Center in October 2023 to 50+ national retail and restaurant concepts, as well as a couple of local staples in Prince's Hot Chicken and Tailgate Brewery. The development is also home to Community Health Systems, which constructed a 6-story, 2,000 employee operations center on-site, a team headquarters for Major League Soccer's Nashville SC, HCA Healthcare's new freestanding Emergency Room and adjacent 60,000 sf medical plaza, Chipotle, PNC Bank, AT&T and 1,200+ units of upscale multifamily.