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2288 Trenton Rd
Clarksville, TN 37040
McDonald's 20 Yr Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20 Years Remaining on Absolute Triple-Net (NNN) Corporate Ground Lease with McDonald's (NYSE: MCD)
- 116,584 Residents within a Five-Mile Radius
- The State of Tennessee is a Tax Free State
- 5% Rental Increases Every 5 Years with Multiple Renewal Options
- Rapidly Growing Trade Area - Population Projected to Increase Nearly 17% in the Immediate Area by 2028
- Outparcel to a Top Performing Publix Super Market
EXECUTIVE SUMMARY
McDonald’s Corporation (NYSE: MCD) is an American fast food chain, well-known for its hamburgers. From humble beginnings as a small restaurant, McDonald’s has grown to become one of the world’s leading food service brands with nearly 40,000 restaurants in more than 100 countries.
The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky. Between 2020 and 2021, Montgomery County experienced rapid population growth of 6.4%.
The county seat of Montgomery County, Tennessee, Clarksville is the fifth-largest city in the state with 166,722 residents as of the 2020 US Census. Clarksville is the principal city of the Clarksville, TN-KY metropolitan statistical area, which consists of Montgomery and Stewart counties in Tennessee, and Christian and Trigg counties in Kentucky. Between 2020 and 2021, Montgomery County experienced rapid population growth of 6.4%.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,540 SF
Building Class
C
Year Built
2023
Price
$3,166,594 CAD
Price Per SF
$697.49 CAD
Cap Rate
4%
NOI
$126,664 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.03 AC
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 041-039.15-00006041 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $824,552 CAD |
PROPERTY TAXES
Parcel Number
041-039.15-00006041
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$824,552 CAD
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