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310 Long Hollow Pike
Goodlettsville, TN 37072
Wendy's · Retail Property For Sale

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Four (4) Tenant Renewal Periods of Five (5) Years Each
  • Features High Visibility & Ease of Access Along Long Hollow Pike
  • Attractive Rental Increases | 10.00% Every Five (5) Years
  • Dense Retail Corridor | Kroger, McDonald’s, BP, Taco Bell, KFC, Arby’s, Sonic, Walgreens, Waffle House, Cracker Barrel, and Many More
  • Strong Traffic Counts | Interstate-65 & Long Hollow Pike Average 93,600 and 21,500 Vehicles Per Day Respectively

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,363 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
6ZZ
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
33’ on Long Hollow Pike

Amenities

  • Pylon Sign
  • Drive Thru

About 310 LONG HOLLOW PIKE , GOODLETTSVILLE, TN 37072

The subject property is situated along Long Hollow Pike, which runs parallel to Interstate-65. I-65 boasts an average daily traffic count of approximately 93,600 vehicles and serves as a direct route to Nashville. Long Hollow Pike boasts an average daily traffic count of 21,500 vehicles. There are 29,494 individuals residing within a three-mile radius of the property and 75,873 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers, national sports complexes, and hospitality accommodations. Major national tenants include: Kroger, Taco Bell, KFC, Subway, Hardee’s, Waffle House, Arby’s, McDonald’s, Domino’s, and several other quick service restaurants. Additionally, several hospitality accommodations are within immediate proximity to the Wendy’s investment property including: Baymont Inn and Suites, Quality Inn, Red Roof Inn, Days Inn, La Quinta Inn, Courtyard by Marriott, and more. This property also benefits from being situated only 15 miles from the city of Nashville. Given this strong location, Goodlettsville also benefits from its proximity to Nissan Stadium, home of the Tennessee Titans, Tennessee State Tigers, and is the venue for the Mortgage City Bowl along with the CMA Music Festival with a maximum capacity of almost 70,000 people. Additionally, this Wendy’s is located within close proximity to several surrounding local parks such as Peay Park and Moss Wright Park. Goodlettsville is a city in Davidson and Sumner counties. Goodlettsville has approximately 17,000 residents and is a primarily family-oriented community. Goodlettsville is known to host various events that include: outdoor music festivals, organized runs, car shows, and movies. Additionally, Goodlettsville is home to two major industrial plants in the area, Tyson Food Inc. and Cardinal Logistics Management Corporation. Goodlettsville is surrounded by Millersville, the Cumberland River, Hendersonville, and Madison. Additionally, Goodlettsville is a developing area situated approximately 15 miles away from Nashville. Nashville is the capital of Tennessee and has been described as a "southern boomtown" by numerous publications, as evidenced by the city having the third fastest growing economy in the United States as of 2017.

Property Taxes

Property Taxes

Parcel Number
019-14-0-011
Land Assessment
$232,440
Improvements Assessment
$695,560
Total Assessment
$928,000
  • Listing ID: 18501043

  • Date on Market: 2/12/2020

  • Last Updated:

  • Address: 310 Long Hollow Pike, Goodlettsville, TN 37072

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