6200 Ringgold Rd East Ridge, TN 37412

Listing agency Westwood Net Lease Advisors LLC

Listed by Chris Schellin · License #MO 2005017398

Source Crexi

Added: Apr 11 Updated: Jul 21 at 8:34PM Checked: Jul 21 at 8:34PM

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Investment Insights

Based on property information with market context.

The property is offered for sale as a long-term, absolute NNN investment leased to a subsidiary of the largest Taco Bell operator in the country, Tacala. The lease term expires in 24 years, with rent increases of 1.5% annually throughout the base term and option periods. Tacala Tennessee Corp. provides the lease guarantee, and operates 83 units. The property was remodeled in 2016 at the tenant’s cost.

Located on a busy retail corridor with traffic counts of +25,700 AADT, the asset benefits from established area demand. This offering is part of a larger portfolio for sale; interested parties should inquire with the broker for additional details.

Key Highlights

• Long‑term absolute NNN lease with 24 years remaining on the base term
• Lease guaranteed by Tacala Tennessee Corp., operator of 83 units
• Annual rent increases of 1.5% throughout the base term and option periods

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FAQs

What type of property is this?

NNN property - Long-term absolute NNN lease with annual 1.5% increases; remodeled in 2016 at tenant’s cost.

Where is this nnn property located?

The property is located at 6200 Ringgold Rd East Ridge, TN.

What are key features of this property?

This property features: Long‑term absolute NNN lease with 24 years remaining on the base term; Lease guaranteed by Tacala Tennessee Corp., operator of 83 units; Annual rent increases of 1.5% throughout the base term and option periods