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For Sale

Verizon

1959 Mallory Ln,
Franklin, TN 37067
Represented by
Encore Real Estate Investment Services

Asset Snapshot

Regional Mall
Retail Subtype
$272,085
NOI
2009
Year Built
1.05 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

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Investment Highlights

  • RARE 10-Year Lease Extension | Verizon Has Operated At This Location Since 2009 And Recently Extended For An Additional 10 Years, Demonstrating Its Long-Term Commitment To The Site
  • Top-Performing Verizon Location Nationwide | 89th Percentile via Placer.ai | Top 93rd Percentile in Tennessee | #2 of 18 Within 30 Miles
  • Investment-Grade Credit Tenant | Verizon Communications Inc. (NYSE: VZ) Is A Fortune 50 Company And One Of The Largest U.S. Wireless Carriers | S&P: BBB+ | Moody’s: Baa1 | Fitch: A-
  • Strong Demographics & Population Growth | 109,000+ Residents Within 5 Miles | Projected to Grow 5.6% From 2025–2030 to 115,000+ Residents
  • Williamson County | Located In One Of Tennessee’s Most Affluent And Fastest-Growing Counties With Strong Population, Employment, And Economic Growth
  • Tight Retail Market | Retail Vacancy Sits At Just 1.4% In The Franklin Market, Demonstrating Strong Tenant Demand And Limited Available Retail Space
  • Affluent Franklin, Tennessee Suburb | Average Household Income Exceeds $105,000 Within 1 Mile, $145,000 Within 3 Miles, And $160,000 Within 5 Miles
  • Nashville MSA | Located Approximately 16 Miles From Downtown Nashville In The Affluent Franklin Submarket, Benefiting From Strong Growth, Employment, And Long-Term Real Estate Fundamentals
  • Excellent Visibility & Access | 22,000+ Vehicles Per Day Along Mallory Lane | Minutes From I-65 And Cool Springs Boulevard
  • Premier Retail Positioning | Directly Across From The 1.18 Million SF Cool Springs Galleria, A Super-Regional Shopping Destination Featuring 150 Stores And Approximately 5.7 Million Annual Visitors | Significant New Development
  • 361 New Luxury Residences Under Development At CoolSprings Galleria, Further Increasing Residential Density And Activity Within The Immediate Trade Area
  • National Retail Corridor | Neighboring Retailers Include Walmart, Costco, Target, Sam’s Club, The Home Depot, Lowe’s, Kohl’s, Kroger, Publix, ALDI, Trader Joe’s, Chick-fil-A, Whataburger, Raising Cane’s, Cracker Barrel, Nordstrom Rack, DSW, PGA TOUR Superstore, Barnes & Noble, PetSmart, CVS, CAVA, And Many More

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$4,500,000
Asking Price

Investment Sales Broker

Nick Yaldo
Encore Real Estate Investment Services

Market Insights