Property profile

Hwy 12 Ashland City, TN 37015

OFF-MARKET
Drive through restaurants
Property ID
US80-2759811
2,292 SF 0.78 ac lot Built 2019
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a retail investment configured as a single retail building of approximately 2,256 square feet, historically leased on a triple-net (NNN) basis with a multi-unit operator, and featuring a remaining lease term of 13+ years at the time of reporting. The lease structure included annual rental increases of 1% and multiple renewal options. The site is positioned with frontage along Highway 12 and provides direct access toward downtown Nashville, within a retail corridor that includes national tenants such as Walmart, Dollar Tree, Taco Bell, and Burger King. The surrounding area has documented nearby multifamily development, with the immediate vicinity described as including approximately 615 units, and demographic projections cited an average household income exceeding $91,000 with expected household and population growth of about 6–7% by 2030.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2019
Total area 2,292 SF
Lot 0.78 ac (34,003 SF)
APN 062 00303
UPID US80-2759811

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 12 Ashland City, TN 37015
Ashland City metro NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.71M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.48M

Owner & transaction history

since 2022
Last sale
$1.9M
5 recorded transactions
2022
$1.9M
2020
$1.6M
2019
$300,000
2015
$1.9M
2011
$810,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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