Hooters | Nashville, TN | 217 Largo Dr
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Hooters | Nashville, TN 217 Largo Dr
6,070 SF Retail Building Nashville, TN 37211 $4,230,769 ($697/SF) 6.50% Cap Rate
Investment Highlights
- Absolute NNN Master lease with zero LL responsibilities, over 8 years of term remaining, and corporate guarantee.
- The property is ideally situated close to a variety of business parks and residential complexes, with convenient access to Nashville Intl. Airport.
- Located in a thriving market, Nashville ranks as the 10th fastest-growing city in the U.S. for 2024.
- Long-term, established tenant with a solid operator. The large guarantor, HOA Holdco, LLC, has 350+ company-owned & franchised restaurants.
- Positioned at the busy junction of I-24 and Hwy 255, the property receives exceptional visibility and convenient access.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,070 SF
Building Class
C
Year Built
1978
Price
$4,230,769
Price Per SF
$697
Cap Rate
6.50%
NOI
$275,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.04 AC
Zoning
CS
Parking
60 Spaces (9.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 134-13-0-247 | Improvements Assessment | $387,880 |
Land Assessment | $144,960 | Total Assessment | $532,840 |
PROPERTY TAXES
Parcel Number
134-13-0-247
Land Assessment
$144,960
Improvements Assessment
$387,880
Total Assessment
$532,840
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Hooters | Nashville, TN | 217 Largo Dr
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