Thorntons - Nashville, TN

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.