4883 Port Royal Road
Spring Hill, TN
Price:
$1786000
Cap Rate:
5.75%
NOI:
$102,700
Building Size:
Approx. 1850 Sq. Ft.
Lot Size:
Approx. 0.59 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Build. 1,850+/- SF Building on .59+/- Acre Site
- New 10-Year NNN Lease w/ 10% Rent Bumps Every 5-Yrs
- Located along Port Royal Rd (13K VPD), E of I-65 (30K VPD)
- Across Kroger | Near Walgreens, McDonalds, Taco Bell, Shell
- Spring Hill is a suburb of Nashville & grew 276% (2000 – 2010)
- Focus on growth, Future Population growth 78% (2010- 2030)
- Major Employers: GM (4,097 Employees) | IBEX Global | Ryder
- 3-Miles Radius: Est 2017 Pop: 33,546 | Avg. HH Income: $91,164
- Spring Hill is located 30-Miles South of Downtown Nashville, TN