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    3900 Dickerson Pike Nashville, TN 37207-1304

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    3900 Dickerson Pike Nashville, TN 37207-1304


    • Drive through restaurants
    • 2,932 SF
    • 0.78 lot acres
    Off-Market
    Last Sale Nov 21, 2024
    $1,590,000
    Property ID
    US80-0280003
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,590,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jack in the Box / Restaurant / Take-out & Catering
    • Sam Prass / Car Dealership / Shipping Company

    Property Details for 3900 Dickerson Pike

    Year built
    2000
    Lot size
    0.78 lot acres
    Property size
    2,932 SF
    Zone code
    CS
    Property type
    Drive through restaurants
    APN
    041-08-0-034-00
    APU
    4108003400

    Description

    This exceptional investment opportunity presents a 3,539 square foot Jack in the Box restaurant in Nashville, TN, operating under an absolute NNN lease with 4.5 years remaining on the primary term, followed by four 5-year option periods. The property boasts a 6.00% cap rate and a strong NOI of $99,000, reflecting a price per square foot of $466.23. The lease commenced January 8, 2019, and expires January 7, 2029, featuring CPIW rent increases (up to 10%) every five years. Situated on a 0.78-acre lot at the hard corner of a signalized intersection of Old Hickory Boulevard and Dickerson Pike, this location benefits from over 35,000 vehicles per day. The surrounding area demonstrates robust demographics, with over 110,420 residents within a 5-mile radius and an average household income exceeding $84,624. Nashville's thriving job market, adding over 26,000 new jobs in 2023, further enhances the property's investment potential. The tenant, Jack in the Box Inc. (NASDAQ: JACK), is a publicly traded company with over 2,200 locations and nearly $6 billion in annual systemwide sales, providing stability and security to this investment. This is a tax-free income state. The property's proximity to Hunters Lane High School, Davidson Academy, and Bellshire Elementary Design Center adds to its appeal. This presents a rare chance to acquire a high-performing, single-tenant net lease asset in a prime Nashville location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,590,000
      ML approach
      $1,590,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,450,000
      Current use
      AUTO REPAIR, GARAGE
      $1,775,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $1,355,000
      Change: -6% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,350,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.756
    Latitude
    36.2697
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,385
    $108,720
    $520,480
    $629,200
    -
    $271,800
    $1,301,200
    $1,573,000
    More about this property
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