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                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

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
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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