Taco John's - La Vergne, TN

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Pricing and Location


Price:   $2,393,000

Address:   5068 Murfreesboro, La Vergne, TN 37086

Status:   Available

Property Details


CAP Rate: 6.29% Year Built: 2017
Net Rentable Area: 1,600
Lot Size (Acres): 0.85 NOI: $150,605

Marketing Materials


Property Description


Marcus & Millichap is pleased to present a Taco John’s located in La Vergne, Tennessee. This absolute NNN 20 year lease with no landlord responsibilities is scheduled to open third quarter 2017 upon completion of construction. The rent may adjust upon construction completion since the lease is geared to 9% of total construction costs. The franchisee is offering both a franchise as well as a personal guarantee to the lease, where the personal net worth of the guarantor exceeds $16,000,000.

Area Map and Street View


What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557