420 Long Holw Pike Goodlettsville, TN 37072-3480
Property profile & analytics
420 Long Holw Pike Goodlettsville, TN 37072-3480
- Drive through restaurants
- 3,174 SF
- 1.19 lot acres
Property ID
US80-0513588
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.
Location Intelligence
Current Use by Public Records
- Bojangles / Restaurant
Property Details for 420 Long Holw Pike
- Year built
- 2022
- Lot size
- 1.19 lot acres
- Property size
- 3,174 SF
- Property type
- Drive through restaurants
- APN
- 083143J G 00402
- APU
- 083143JG00402
Description
This exceptional investment opportunity presents a fee-simple, 2,775 square foot Bojangles restaurant in Goodlettsville, Tennessee. Built in 2022, this Class A property boasts a 14.2-year remaining lease term (expiring 01/30/2039) with a top-performing franchisee, featuring 7% rent bumps every five years starting in year seven and three five-year renewal options. Located on 1.19 acres with 28 parking spaces, the property benefits from a high-traffic location near I-65, a Publix, and significant daytime employment. The absolute NNN lease provides a strong, passive income stream with a current NOI of $184,022 and a 5.85% cap rate. The property is situated in a high-growth area of the Nashville MSA, with an average household income exceeding $106,900 within a one-mile radius and a population of 75,700 within five miles. This prime location, coupled with the strength of the Bojangles brand and the long-term lease, makes this an attractive investment opportunity. The property is zoned CPUDL and enjoys excellent visibility at a signalized intersection. This is a rare chance to acquire a well-performing, established QSR property in one of the fastest-growing metropolitan areas in the United States. The property's strong fundamentals and location make it an ideal addition to any diversified investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Goodlettsville
- County
- Sumner
- State
- Tennessee
- Longitude
- -86.6978
- Latitude
- 36.3301
- 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
$21,004
$433,320
$253,400
$686,720
-
$1,083,300
$633,500
$1,716,800
