7-Eleven
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Sambazis Retail Group

Leaders in Retail Investment Sales

7-Eleven

Single-Tenant Offerings

7-Eleven

Golden Bear Gateway & Volunteer Boulevard

Mt. Juliet (Nashville MSA), TN

Price:
$7,878,000
Cap Rate:
4.25%
NOI:
$334,807
Rentable SQFT:
5,464 SF
Year Built:
2022
Lot Size:
2.83 +/- Acres
Lease Type:
Absolute NNN
Status:
Under Contract
Investment Highlights
  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Investment Grade Credit Tenant (S&P: AA-), Ranked #178 on Fortune Global 500
  • New High-Quality Construction with 16 Fuel Pumps and 3 Diesel Pumps on an Oversized 2.83-Acre Lot, Eligible for Bonus Depreciation
  • Features 7-Eleven’s Newest Large Format Convenience Store with Raise the Roost Chicken and Laredo Taco In-Store Eateries
  • 7-Eleven has Never Defaulted on a Lease and Averages Over 43 Years Occupancy, Rent Paid in Full at Every Location During Covid-19
  • Serving Over 60,000 Residents in Rapidly Growing Nashville Suburb, 7,500 Residential Units with 18,000 Future Residents Under Construction within a 5-Mile Radius
  • Booming Submarket, Mt. Juliet is the 2nd Fastest-Growing Submarket in Tennessee and Nationally Top Ranked for New Home Construction and Job Growth
  • Average Household Income Exceeds $104,000 within a 1, 3, and 5-Mile Radius, One of the Most Affluent Counties in the State and 2nd Highest Median Household Income in Tennessee
  • Hard Corner Location, Capturing Eastbound and Westbound Traffic Exiting I-40 with Over 92,800 Cars/Day
  • Strategic Location with 5,000 Employees within 1 Mile, Surrounded by FedEx, Under Armour, Ceva Logistics, and Amazon’s New 3.6 Million SF Distribution Facility Opening Summer 2021 with 3,000 Employees
  • Across from Legacy Pointe, an 85-Acre Mixed-Use Development with 600,000 SF of Class-A Office and 100,000 SF of Retail
  • Close Proximity to New $345 Million Major League Soccer Stadium Projected to Open in 2022, the Largest Soccer Stadium in the U.S. with 30,000 Seats
  • Minutes to NASCAR’s Nashville Superspeedway, Recently Completed a $70 Million Renovation
  • Adjacent to Providence Master-Planned Community with 3,000 New Residences and 830,000 SF of Commercial Anchored by Target, Dick’s, Best Buy, Publix, Kroger, Regal Cinemas, TJ Maxx, Ross And More
  • Dominant Retail Hub for the Entire I-40 East Nashville Corridor Drawing from a Population of 240,000
  • Strong Daytime Population with Over 15,000 Employees in Trade Area, Future Job Growth Projected to Increase 58.5% Over the Next 10 Years
  • 15 Miles to Nashville International Airport and 20 Miles to Downtown Nashville
  • Tax Free State, No State Income Tax in Tennessee
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  • Confidentiality and Disclaimer

    The information contained in the following Marketing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Sambazis Retail Group and should not be made available to any other person or entity without the written consent of Sambazis Retail Group. This Marketing Package has been prepared to provide a summary to prospective purchasers and to establish a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Sambazis Retail Group has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Package has been obtained from sources we believe to be reliable; however, Sambazis Retail Group has not verified, and will not verify, any of the information contained herein, nor has Sambazis Retail Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All prospective buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Phil Sambazis

Executive Managing Director

(858) 373-3174

Email & Bio »

Jody McKibben

Broker of Record

License: TN 307629