Starbucks
Nashville
,
TN
Tennessee
Call for Details
$
3,638,000
Call for Details
5.80
%
CAP Rate
Relocation Store
with Drive-Thru Component
13 Miles
from Downtown Nashville
452,433
Total Daytime Population within 10 Miles of Site
Property details
- Brand New 10-Year Corporate Net Lease to Starbucks (NASDAQ: SBUX)
- Scheduled 10% Rental Escalations in Primary Term & Options
- Relocation Site from Strong Performing Inline Location
- Starbucks Drive-Thru Locations Average Approximately 50% Higher Sales Volume Compared to Inline Locations
- Prominent Retail Location Neighboring Numerous Major Retail Tenants
- Sprouts - #2 Location in TN by Number of Visits per Placer.ai
- Kroger - 1.1 Million Annual Visits
- Publix - 1.2 Million Annual Visits and Top 15% Location Nationwide
- Starbucks is Ranked #125 on Fortune 500 with Revenue of $36 Billion & Net Income of $4.12 Billion
- Excellent Access & Visibility on Highway 70 S
- 37,798 AADT
- 1.5 Miles from the Highly Trafficked Interstate 40 Arterial
- 98,167 AADT
- Robust Demographics in Surrounding Area
- Total Daytime Population of 452,433 within 10 Miles of Site
- Average Household Income of $165,002 within a 5 Mile Radius
- Annual Population Growth Rate of 1.5% within 10 Miles of Site
- 13 Miles to Downtown Nashville
- 4th Most Populous City in the Southeast
- Tennessee is One of the Top 10 States with the Highest Net Migration
- No State Income Tax in Tennessee
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772