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25 Land Wy Suite A st
Oakland, TN 38060
Starbucks with Drive Thru | Memphis MSA · Retail Property For Sale
Investment Highlights
- Brand new construction with drive thru featuring a fresh 10-year initial term
- Affluent submarket | $104,000+ AHHI and $304,000+ median home value within 1-mile
- Limited competition | Only Starbucks within 8-mile radius – next closest location is in Arlington, TN
- Hwy 64 frontage (24,000+ VPD) approximately 7 miles east of Interstate 269 and 30 miles northeast of Downtown Memphis
- The population is projected to grow 14% by 2030 within a 1-mile radius
- 15 miles southwest of Ford's planned $5.6B BlueOval City in Stanton, TN
Executive Summary
TSCG is pleased to offer for sale a brand-new Starbucks with a drive thru in Oakland (Memphis MSA), TN. This prime investment opportunity is situated along Hwy 64 (24,000+ VPD), approximately 30 miles northeast of Downtown Memphis. Northeast Memphis is seeing tremendous growth due to Ford’s BlueOval City in Stanton, TN, which could total over $5B in investment and create 6,000 direct jobs upon completion. Major retailers in the immediate Oakland area include Walmart, Kroger, McDonald’s, Chick-fil-A (proposed), Taco Bell, Ace Hardware, Wendy’s, Burger King and Tropical Smoothie (proposed).
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
2,450 SF
Year Built
2025
Price
$2,937,603 CAD
Price Per SF
$1,199.02 CAD
Cap Rate
6.50%
NOI
$190,941 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.95 AC
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 024086L G 00300 | Improvements Assessment | $0 CAD |
| Land Assessment | $114,201 CAD | Total Assessment | $114,201 CAD |
Property Taxes
Parcel Number
024086L G 00300
Land Assessment
$114,201 CAD
Improvements Assessment
$0 CAD
Total Assessment
$114,201 CAD
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