217 Largo Dr Nashville, TN 37211-4603

This exceptional investment opportunity presents a 6,070 square foot Hooters restaurant in Nashville, TN, boasting a 6.50% cap rate and a strong NOI of $275,000. The property, situated on a 1.04-acre lot at 217 Largo Dr, 37211, features a single-tenant, absolute NNN lease with a corporate guarantee from HOA Holdco, LLC, providing significant financial security. The lease, with a remaining term of 8.1 years (expiring 12/31/2032), includes rent bumps, and four 5-year renewal options. Built in 1978, this high-visibility location benefits from its proximity to I-24 and Hwy 255, attracting high traffic volume. The thriving Nashville market, with a population exceeding 608,000 within a 10-mile radius and an average household income over $103,000, ensures consistent demand. The property's strategic location near business parks, residential complexes, and Nashville International Airport further enhances its appeal. This is a rare chance to acquire a well-established, financially secure, and high-performing restaurant investment in a rapidly growing market. The asking price is $4,230,769, with a price per square foot of $697. The property's APN is 13413024700.