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Wendy's (Dark) - Abs NNN Lease 1045 28th Ave N 2,656 SF Retail Building Nashville, TN 37208 $2,184,110 CAD ($822.33 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 13+ Years Remaining on Absolute Triple-Net (NNN) Lease with Wendy's
  • Prime Redevelopment Opportunity
  • Signalized Hard Corner Location, Easily Accessible by ±30,000 Cars per Day via 28th Avenue N and Jefferson Street
  • 2,656-SF Building with a Drive-Thru on a 0.49-Acre Lot - Remodeled in 2018
  • Situated at the Entrance to Tennessee State University (±5,400 Students)
  • Average Household Income Exceeds $110,000 in the Surrounding Area

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,656 SF
Building Class
C
Year Built/Renovated
1986/2018
Price
$2,184,110 CAD
Price Per SF
$822.33 CAD
Cap Rate
7%
NOI
$152,911 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
3
Frontage
39’ on 28th Ave

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

Starbucks
Truist
Regions Bank
Pinnacle Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
092-02-0-025
Land Assessment
$357,400 CAD
Improvements Assessment
$1,032,322 CAD
Total Assessment
$1,389,722 CAD
  • Listing ID: 39082899

  • Date on Market: 2026-01-14

  • Last Updated:

  • Address: 1045 28th Ave N, Nashville, TN 37208

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