803 Tennessee 76

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803 Tennessee 76

White House, TN 37188
Asking Price
$4.22M
Cap Rate
5%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Just Opened | 15-YR Absolute NNN Lease | Signalized Intersection <p><strong style="color: rgba(6, 34, 57, 1)"><u>STRONG LEASE FUNDAMENTALS</u></strong></p><p>Brand-new 15-year absolute net lease with zero landlord responsibilities | four (4) five (5) year options | 10% increases every 5 years during base term and option periods</p><p></p><p><strong style="color: rgba(6, 34, 57, 1)"><u>CORPORATE GUARANTY FROM PUBLICLY TRADED COMPANY</u></strong></p><p>Chipotle (NYSE: CMG) has the 2nd largest market cap of all restaurant chains equal to $45.06B | over 4,000+ lo

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NOI
$80,000
Cap Rate
1.90%
DSCR
0.32
Underwater
Cash-on-Cash
-13.47%
Monthly Payment
$20,878.257
Annual Cash Flow
$-170,539.09

Location & Travel Times