Nashville Shopping Center Asset

Nashville Shopping Center | Nashville, NC

Sands Investment Group is Pleased to Exclusively Offer For Sale the 52,636 SF Nashville Shopping Center Asset Located at 731 East Washington Street in Nashville, NC. This Deal Includes an Opportunity to Convert Three Month-to-Month Leases to Mark-to-Market Immediately After Acquisition Leading to a Projected Cap Rate of 7.70% After New Leases Are Executed.

  • Piggly Wiggly Desires to Extend to a Long-Term Lease in 2028; This is the Number 6 Ranked Store Out of 51 in North Carolina According to PlacerAI; in 2024, They Did $10.2M in Sales Leading to a 1.5% Rent-to-Sales Ratio
  • Opportunity to Convert Three Month-to-Month Leases to Mark-to-Market, Leading to a Month 9 Projected Cap Rate of 7.70%
  • Potential Upside By Bringing Rents to Market and Converting Leases to Triple Net; Only Two of the 9 Tenants Are Currently Responsible For TICAM Reimbursement
  • Nashville Has Continued YoY Population Growth as it Benefits From the Migration Happening to the Suburbs of Raleigh
  • Unique Opportunity to Purchase Grocery Anchored Shopping Center in North Carolina For a Low Rate of $79 PSF on the Building and $18 PSF on the Land

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

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Walgreens Absolute NNN

Walgreens | Nashville, TN

Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,490 SF Walgreens Absolute NNN Asset Located at 2421 Lebanon Pike in Nashville, TN. This Deal Includes an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities With Fee Simple Ownership, Allowing For Depreciation, Providing For a Secured Investment.

  • Dense Demographics in High Performing Retail Corridor | 140,000+ Full Time Residents Within Immediate Trade Area
  • Hard Corner | Signalized Intersection of Lebanon Pike (AADT: 36,473) @ McGavock Pike (AADT: 10,335)
  • Notable Tenants in 0.1-Mile Radius: Publix, Kroger, McDonald’s, Starbucks, Taco Bell, Burger King, Anytime Fitness, Take 5, Pizza Hut and More
  • Pharmacies Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession-Resistant
  • Fee Simple Ownership: Allowing For Depreciation
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Corporate Guarantee | Walgreens Boots Alliance
  • High Growth Tax-Friendly State: Tennessee is an Income Tax Free State and is the 6th Fastest Growing State By Numeric Growth
  • Less Than 10 Minutes From Nashville International Airport
  • 77 Parking Spaces and a Drive-Thru

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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Fifth Third Bank

WELL LOCATED FIFTH THIRD BANK IN NASHVILLE TENNESSE

  • Single-tenant Absolut NNN Ground Lease (zero landlord responsibilities)
  • Location was built in 2008, and has shown tremendous growth.
  • Lease calls for Four – 5 Year extension options following the initial lease term with 10% increase at each option period.
  • Fifth Third Bank is a national credit tenant, publically traded on the NYSE: FITB. Fifth Third Bank. posted a 2013 net income of over $415 Mil and maintains a BBB+ credit rating by Standard and Poor.
  • Recently constructed in 2008.
  • Location is supported by ideal demographics with over 170,754 people in a 5-mile radius and an average household income of over $74,385.