Restaurant

Taco Bell (Ground Lease)

1004 Glenbrook Way, Hendersonville, TN 37077

Listing Price: $1,499,900

Cap Rate
4.33%
Tenant Name
Taco Bell
Years Remaining On Lease
18.3
Guarantor
Regional Franchisee
Rentable SF
2,500
Lease Type
Ground Lease
Rent Per Square Feet
$26.00

Investment Overview

Marcus & Millichap is pleased to exclusively present 1004 Glenbrook Way in Hendersonville, Tennessee. The newly constructed, single-tenant retail building built in 2019, sits on 0.75 acres and is fully leased to Taco Bell. Well-positioned on New Shackle Island Road, the property sits close to a signalized intersection and is visible to over 28,487 vehicles per day. The property is provides easy access to Vietnam Veterans Boulevard (70,245+ VPD) and is 20 minutes north of downtown Nashville. Neighboring retail properties include Kroger, Staples, Target, Starbucks and Chick-Fil-A, among others. • Located at the entrance to Glenbrook Shopping Center • Anchored by: Target, Chick-fil-a, Starbucks

Investment Highlights

  • 2019 Construction
  • 0.78 Acres
  • 19-Year Term

Exclusively Listed By

Listing Price: $1,499,900

Cap Rate
4.33%
Tenant Name
Taco Bell
Years Remaining On Lease
18.3
Guarantor
Regional Franchisee
Rentable SF
2,500
Lease Type
Ground Lease
Rent Per Square Feet
$26.00

Investment Highlights

  • 2019 Construction
  • 0.78 Acres
  • 19-Year Term

Investment Overview

Marcus & Millichap is pleased to exclusively present 1004 Glenbrook Way in Hendersonville, Tennessee. The newly constructed, single-tenant retail building built in 2019, sits on 0.75 acres and is fully leased to Taco Bell. Well-positioned on New Shackle Island Road, the property sits close to a signalized intersection and is visible to over 28,487 vehicles per day. The property is provides easy access to Vietnam Veterans Boulevard (70,245+ VPD) and is 20 minutes north of downtown Nashville. Neighboring retail properties include Kroger, Staples, Target, Starbucks and Chick-Fil-A, among others. • Located at the entrance to Glenbrook Shopping Center • Anchored by: Target, Chick-fil-a, Starbucks

Exclusively Listed By

MM Texture Background
MM Textured Background Lower