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301 Sandye Ave
Portland, TN 37148
Burger King · Retail Property For Sale

Investment Highlights

  • New Construction with 17.75 Years Remaining on the Triple Net Ground Lease
  • Rare 10 Percent Rent Increases Every Five Years
  • Carrols, LLC is the Largest Burger King Franchisee in the Country

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,500 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.76 AC
Parking
15 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
182’ on Sandye Ave

About 301 SANDYE AVE , PORTLAND, TN 37148

This Burger King property is located at 301 Sandye Avenue in Portland, Tennessee. Portland is a city in Sumner and Robertson counties, located just south of the Kentucky border. Portland has seen a lot of growth and success largely due to it’s close 40 miles proximity to downtown Nashville. The subject property is well-positioned in downtown Portland surrounded by many national and regional brands. Other quick service restaurants surrounding this property include McDonald’s, Sonic, Arby’s, Hardee’s, Krystal, Taco Bell, Pizza Hut, and Dairy Queen. In addition, other national tenants include Walgreens, CVS, Verizon, Food Lion, Dollar General, O’Reilly Auto Parts, and Advanced Auto Parts. Additionally, the property is located down the road from the Portland East Middle School, which has close to 400 students. Furthermore, the property benefits from a population of nearly 15,000 people residing within a three-mile radius of the property and approximately 21,000 people within a five-mile radius. This property is located near the intersection of Highway 52 and Highway 109, which have a combined traffic count of more than 31,000 vehicles per day. Portland’s claim to fame as the “Strawberry Capital” came about due to having many successful strawberry growers in the area, one from as far back as 1885, and the related strawberry industry that peaked during the first half of the last century. For many years, strawberries were truly the mainstay of the local economy, with multiple growers associations in place. In the second decade of the 21st century, Portland is growing at a fast pace buoyed by the growth of the Nashville Metropolitan Area. Daido America operates its US headquarters in Portland. Companies such as Kyowa America and Unipres have manufacturing plants in the city as well.

Property Taxes

Property Taxes

Parcel Number
034L-A-018.01
Land Assessment
$208,720
Improvements Assessment
$281,720
Total Assessment
$490,440
  • Listing ID: 19076551

  • Date on Market: 4/1/2020

  • Last Updated:

  • Address: 301 Sandye Ave, Portland, TN 37148

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