4226 Century Farms Ter Nashville, TN 37013
This exceptional investment opportunity presents a ground lease interest in a newly constructed (2024), 3,000 square foot Whataburger restaurant located at 4226 Century Farms Terrace in Antioch, Tennessee. The property sits on a 1.37-acre lot within the thriving Century Farms master-planned development, a 300+ acre mixed-use community featuring over 20,000,000 square feet of retail, office, multifamily, and entertainment space. The Whataburger operates under a 14-year absolute NNN lease with zero landlord responsibilities, providing a secure and passive income stream. The lease includes 10% rent increases every five years, offering inflation protection, and three five-year renewal options. The property boasts a strong NOI of $115,000, resulting in a 4.25% cap rate and an asking price of $2,705,000. The strategic location across from Tanger Outlets, a major retail destination attracting over 2.3 million visitors annually, and near numerous other retail, residential, and commercial developments, ensures high visibility and consistent traffic. The property benefits from excellent access to Interstate-24, experiencing daily traffic counts of 168,000 vehicles. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing market. The tenant, Whataburger, is the 27th largest restaurant chain in the US by sales. This investment offers a compelling combination of stability, growth potential, and strong cash flow.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.