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1385 Interstate Dr, Cookeville, TN 38501

Commercial property for sale

  • Description
  • Back on market! New cap rate. Brand new corporate guaranteed Buffalo Wild Wings ground lease in Cookeville, TN. Currently under construction, the restaurant is scheduled to open October 8, 2012. Initial lease term of 10 years with 10% rent increase in year 6. Four 5 year renewal options with 10% rent increases at each. The lease is true NNN with no landlord responsibilities. Buffalo Wild Wings is one of the Top 10 Fastest Growing Restaurant Chains in the country and currently operates over 835 restaurants in 48 states and Canada The company is publically traded on the Nasdaq stock exchange ("BWLD"). With total revenues for Fiscal Year Ended 2011 at nearly $800,000,000, the company has seen it's stock price soar by over 400% the last six years. BWW is an established and growing owner, operator, and franchisor of restaurants featuring a variety of boldly-flavored, cravable menu items including Buffalo, New York-style chicken wings spun in any of their 18 signature sauces and seasonings. Their restaurants create a welcoming neighborhood atmosphere that includes an extensive multi-media system, a full bar and an open layout, which appeals to sports fans and families alike Cookeville-Putnam County, TN is 82 miles east of Nashville, 109 miles west of Knoxville, and 96 miles north of Chattanooga at the intersection of I-40 and Highway 111 in the Highlands of Tennessee, a three-county region made up of Putnam, Overton and White Counties.Home to TN Tech University (12,000 students and ranked Top 8 Public Colleges in the South by US News and World Report), Cookeville is the retail/economic hub for a broader 14 county region. The site istelf is on Interstate Drive adjacent to I-40 and is the "Restaurant Row" of Cookeville with Cheddars, O'Charley's, Starbucks, Logans, Applebees and Olive Garden nearby. Building price details: $1,575,000.
  • Property Details
  • Property Type: Retail
    Use Types: Restaurant
    Status: Available
    Price: $ 263 +/SF
    Number of Stories: 1
    Year Built: 2012
    MSA: Cookeville
    Buildings: 1
    Tenancy: Single Tenant
    Construction: Steel Frame
    Terms: Cash to Seller
    Added: 11/18/2012
    Last Update: 12/19/2012
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 195
    Parking Type: Surface
  • Contact info
  • 865-588-1000 [Office]
  • Note

  • Details Info about this row that located on 1385 Interstate Dr, Cookeville, TN 38501 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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