Boot Barn NNN Property For Sale — Jackson, TN
1775 Vann Drive, Jackson, TN 38305
This is an exceptional opportunity to acquire a single-tenant, net-leased Boot Barn property in Jackson, Tennessee. The property, built in 2017, is strategically positioned immediately off Interstate 40 within a prominent regional trade area. Boot Barn operates under a long-term lease with attractive 10% rental escalations every five years, including through its renewal options. The location benefits from high traffic counts on Interstate 40 (48,795 VPD) and is surrounded by major retailers, drawing significant consumer activity. Additionally, it is less than two miles from Union University and near an ongoing mixed-use development, enhancing its future appeal. Boot Barn, a publicly traded company, is the leading lifestyle retailer for western and work-related footwear, apparel, and acces…
- Address: 1775 Vann Drive, Jackson, TN 38305
- Asking price $2.20M
- 6.36% cap rate
- NOI $139,920
- 0.6 years remaining
- NNN lease
- Year built: 2017
- Building size: 8,000 SF
- Lease expiration: Mar 31, 2027
- Rent increases: $140,000 until 4/1/2022; $154,000 until 4/1/2027; $169,400 until 4/1/2032 (Option 1); $186,340 until 4/1/2037 (Option 2); …
- Guarantor: Corporate
Location
This Boot Barn property is at 1775 Vann Drive in Jackson, Tennessee.
Asset type: Retail