IHOP NNN Property For Sale — Antioch, TN
5420 Target Drive, Antioch, TN 37013
This IHOP property offers an exceptional investment opportunity in Antioch, Tennessee, strategically located off the Bell Road exit and less than 15 miles from downtown Nashville. The property benefits from high traffic due to over 2,000 apartments in the immediate vicinity and excellent visibility from the Interstate, attracting transient customers. Surrounding retailers include Home Depot, Steak and Shake, Dunkin Donuts, the newly built Ford Ice Center, and the Hickory Hollow retail corridor. Antioch is recognized as one of Nashville's fastest-growing neighborhoods. The area is further enhanced by the new Century Farms development, a 300-acre mixed-use project featuring office buildings, apartment complexes, restaurants, hotels, and Tanger Outlets.
- Address: 5420 Target Drive, Antioch, TN 37013
- Asking price $2
- 6.50% cap rate
- NOI $187,158
- 4.75 years remaining
- NNN lease
- Year built: 1999
- Building size: 4,944 SF
- Lot size: 1.00 acres
- Rent increases: Two Five-Year Options With 5 Percent Increases
- Guarantor: Corporate
Location
This IHOP property is at 5420 Target Drive in Antioch, Tennessee.
Asset type: Restaurant