$ 1,805,000
For Sale
Cap Rate: 6.65%
Size: 806 SF
Lot Size: 0.30 Acre
New Construction Absolute Net Lease
• Brand new 2023 construction drive-thru coffee property
• Absolute NNN lease structure with zero landlord responsibilities
• Passive investment opportunity providing predictable cash flow
• Long-term lease with built-in rental escalations
Strong Tenant & Growing Brand
• Leased to Scooter’s Coffee, one of the fastest-growing drive-thru coffee concepts in the U.S.
• Established national brand with 800+ locations nationwide
• Franchise-driven expansion strategy supporting continued national growth
• Strong consumer demand within the specialty coffee / QSR beverage sector
Prime Memphis Retail Corridor
• Located along Poplar Avenue, one of Memphis’ major commercial thoroughfares
• Strong visibility and convenient access within a dense urban trade area
• Positioned near established residential neighborhoods, employment centers, and retail demand drivers
• Dense daytime population supporting consistent drive-thru traffic
Strong Memphis Market Fundamentals
• Memphis MSA population of approximately 1.3 million residents
• Major corporate presence including FedEx, AutoZone, International Paper, and St. Jude Children’s Research Hospital
• National logistics hub supported by Memphis International Airport and extensive transportation infrastructure
• Favorable business climate and diversified regional economy
