Building Details

Year Built 2016

Tenancy Single

Listing Agency: ParaSell Inc s***@parasellinc.com Show Phone

Listed By: Scott Reid · License #IL - 478027307

Source: Crexi

Added: Apr 11 Changed: Jul 21 Last Checked: Aug 7 at 10:46AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc

Investment Insights

Based on property information with market context.

This absolute NNN leased Captain D’s property was built in 2016 and is offered with a lease structure that calls for zero landlord obligations. The lease is corporately guaranteed and includes 2% annual increases, along with four, 5-year options.

The building is located on Route 431 in Lewisburg, TN, in a retail area near Walmart Supercenter, DG Market, KFC, Burger King, and AutoZone Auto Parts. The property is presented for sale as an NNN investment through Scott Reid & ParaSell, Inc.

The offering is described as an absolute NNN with the tenant responsible for required obligations under the lease, supported by the stated corporate guarantee and renewal option structure.

Key Highlights

• Absolute NNN leased Captain D’s in Lewisburg, TN with corporately guaranteed lease
• 3,904 SF building built in 2016
• Lease provides zero landlord obligations

Property Analytics

Current Use

Captain D's Restaurant

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Plumbing Service Locksmith Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

230

Businesses Nearby

Explore this area Business Placement

Demographics for 37091, TN

22,554

Population

9,963

Households

2.3

Avg Household Size

40

Median Age

21%

College-Educated

88%

High-School Grad

206.0 sq mi

ZIP Area

109

Density / Sq Mi

$61,887

Median Household Income

$41,418

Median Earnings

$885

Median Rent

$230,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Absolute NNN leased Captain D's built in 2016 with zero landlord obligations and a corporate guarantee.

Where is this nnn property located?

The property is located at 1200 N Ellington Pkwy Lewisburg, TN.

What are key features of this property?

This property features: Absolute NNN leased Captain D’s in Lewisburg, TN with corporately guaranteed lease; 3,904 SF building built in 2016; Lease provides zero landlord obligations