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664 N Riverside Dr
Clarksville, TN 37040
Burger King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,367 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.04 AC
Zoning
C-2
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
102’ on Riverside Dr

AMENITIES

  • Signage

ABOUT 664 N RIVERSIDE DR , CLARKSVILLE, TN 37040

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net Burger King Restaurant investment opportunity located at in Clarksville, TN. The property consists of just over an acre improved with an approximately 3,367-square foot building. The recently constructed restaurant will provide a new 20-year lease with an awarded 19+ unit franchisee. Annual base rent is set at $119,598 with 7.5 percent rental increases every five years in the base term, as well as the four five-year renewal options. The restaurant is situated in the heart of Clarksville and just 45 miles from downtown Nashville, TN. The property is located directly on US 41/N Riverside Drive which offers exposure to traffic counts in excess of 31,000 cars per day. This Burger King is just 1 mile from Austin Peay University and Clarksville’s historic city center. Austin Peay has over 10,000 enrolled students and offers Division I women’s and men’s sports. Nearby retailers include Wendy’s, McDonald’s, Cook Out, Taco Bell, Hooters, Arby’s, KFC and Sonic. The property sits along the Cumberland River and 400 feet from McGregor Park & Cumberland Riverwalk which is home to a playground, bike path with bike sharing system, boat ramp, multiple docks and River Museum. This park plays hosts to numerous festivals, events and concerts. Clarksville is one of the fastest growing suburbs of Nashville with over 153,000 residents as of 2017. Clarksville is also home to booming companies such as Google, Trane and Hankook Tire. Nashville’s MSA has a total population over 2 million.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
066B-A-024.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$714,960
  • Listing ID: 17661668

  • Date on Market: 11/7/2019

  • Last Updated:

  • Address: 664 N Riverside Dr, Clarksville, TN 37040

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