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Auto Parts

TruckPro | Absolute NNN | Corp. Guaranty

146 Kenworth Blvd, Jackson, TN 38305

Listing Price: $800,000

Cap Rate
5.50%
Tenant Name
TruckPro
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Absolute Net
Rent Per Square Feet
$5.50

Investment Overview

Marcus & Millichap is pleased to present the TruckPro in Jackson, TN.

Investment Highlights

  • 11 Years Remaining, Absolute NNN Lease
  • 11 Years Remaining, Absolute NNN Lease
  • One of the Nation's Largest Distributors of Heavy-Duty Truck and Trailer Parts
  • Corporate Guaranty with 145+ Locations, TruckPro Serves More Than 80,000 Customers
  • Platinum Equity Acquired TruckPro in 2019, Global Investment Firm with $19 Billion of Assets Under Management
  • 21-Year Operating History at this Location, Tenant Recently Agreed to an Early 10-Year Lease Extension
  • Below Market Rent with FMV Upside in the Option Periods

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Auto Parts

TruckPro | Absolute NNN | Corp. Guaranty

Listing Price: $800,000

Cap Rate
5.50%
Tenant Name
TruckPro
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Absolute Net
Rent Per Square Feet
$5.50

Investment Highlights

  • 11 Years Remaining, Absolute NNN Lease
  • 11 Years Remaining, Absolute NNN Lease
  • One of the Nation's Largest Distributors of Heavy-Duty Truck and Trailer Parts
  • Corporate Guaranty with 145+ Locations, TruckPro Serves More Than 80,000 Customers
  • Platinum Equity Acquired TruckPro in 2019, Global Investment Firm with $19 Billion of Assets Under Management
  • 21-Year Operating History at this Location, Tenant Recently Agreed to an Early 10-Year Lease Extension
  • Below Market Rent with FMV Upside in the Option Periods

Investment Overview

Marcus & Millichap is pleased to present the TruckPro in Jackson, TN.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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