1331 Hwy 100 Centerville, TN 37033-1061
This exceptional investment opportunity encompasses a thriving, 30-year-old restaurant operating on a busy corner lot along Highway 100 in Centerville, Tennessee. The 12,000 square foot property includes three buildings situated on a 6.74-acre parcel, offering significant potential for future development. The restaurant, known for its three-meal-a-day service, enjoys a strong reputation and consistent profitability. Its location on Highway 100, a major east-west connector through Middle Tennessee, provides excellent visibility and accessibility. Centerville's growth as a bedroom community to Nashville, coupled with surrounding land value appreciation, makes this a particularly attractive investment. The property's strategic location is further enhanced by the presence of a recently constructed Dollar General Market on a portion of the land previously sold by the owner, and a new bank across the street. The expansive acreage presents opportunities for expansion, including the potential development of a retail center or mini-storage warehouse. This is a turnkey operation, with the real estate, buildings, and established business included in the sale. The owner is retiring and will not sell the land and business separately. Financial and operating information for the business is available upon execution of a non-disclosure agreement. This is a rare chance to acquire a profitable, established business with significant future development potential in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.