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7895 US-51
Millington, TN 38053
Wendy's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New Construction | Site is Expected to Open in May 2021
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Six (6) Tenant Renewal Periods of Five (5) Years Each
  • Brand New 20-Year Sale Leaseback
  • Attractive Rental Increases | Lesser of Change in CPI or One and a Quarter Percent (1.25%) Annually Starting in Year 3

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,584 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
Zoning
B-2 - zoned for commercial use
Frontage
122’ on Tennessee 3

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M0-115I-G0-0024C
Land Assessment
$77,280
Improvements Assessment
$714,040
Total Assessment
$791,320
  • Listing ID: 22311529

  • Date on Market: 2/23/2021

  • Last Updated:

  • Address: 7895 US-51, Millington, TN 38053

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