$ 1,923,138
For Sale
Cap Rate: 6.50%
Size: 664 SF
Lot Size: 0.63 Acres
Strategic Hard Corner Location & Visibility
• Located at the signalized intersection of Airline Rd & Memphis Arlington Rd in Arlington, TN
• Strong exposure along Airline Rd with ±15,225 VPD driving daily consumer traffic
• Positioned within a growing commercial corridor surrounded by national retailers, restaurants, banking, and community uses
• Nearby traffic drivers include Kroger, Sonic, Wendy’s, Domino’s, Simmons Bank, USPS, and Arlington Fire Station
Growing National Tenant & Drive-Thru Retail Demand
• Scooter’s Coffee is one of the fastest-growing drive-thru coffee franchise brands in the U.S. with 800+ locations nationwide
• Tenant benefits from strong consumer demand for quick-service beverage and convenience-driven retail concepts
• Long-term lease structure with 10% rent increases every 5 years provides built-in income growth
Affluent Demographics & Strong Consumer Base
• Strong surrounding demographics with $111K–$124K median household income within 1-, 3-, and 5-mile trade areas
• Highly educated trade area supported by elevated bachelor’s and graduate degree attainment
• Residential growth supported by increasing households and strong home values throughout the surrounding market
Memphis MSA Economic Strength & Employment Drivers
• Located within the Memphis MSA, a major regional logistics, transportation, and distribution hub with approximately 1.3 million residents
• Home to major employers including FedEx, AutoZone, International Paper, St. Jude Children’s Research Hospital, and Methodist Le Bonheur Healthcare
• Diversified regional economy supported by logistics, manufacturing, healthcare, education, and professional services sectors
