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675 N Germantown Pky
Cordova, TN 38018
T- Mobile · Retail Property For Sale
Investment Highlights
- ±11.50-Years remaining on the base term of a 20-year ground lease
- T-Mobile is currently paying Hardee’s $10,000 per month ($3,125 more than the base rent of the original lease)
- Absolute NNN lease with zero landlord responsibilities
- T-Mobile is on a sublease from a Hardee’s franchisee (sublease runs through July 2031 w/ three. 5-year options)
- Attractive 10% rent increases every 5-years (next increase is in December 2026)
- The Franchisee operates 32 Hardee’s locations and 6 7Brew locations
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,987 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.99 AC
Zoning
IH - Industrial
Amenities
- Signage
- Signalized Intersection
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