Nashville Retail for Sale - Airport South

Property Subtype:

Fast Food

Date on Market:

2026-08-03

Memphis Retail for Sale - North

Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Memphis, Tennessee. Dutch Bros is a rapidly expanding tenant with goals of reaching 2,029 stores by 2029 as well as annual revenue growth of 20%. This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The lease also features a strong corporate guaranty. The store has completed construction & successfully opened for business in June 2026. This Dutch Bros is located off of the Austin Peay Highway (seeing 36,990 cars per day) in front of a Save-A-Lot anchored shopping center. Situated on a main retail thoroughfare, this site is surrounded by residential homes. In 2020, the civic center across the street completed a $45 Million redevelopment that activated this area with new development! Since then Chick-fil-A, Whataburger, Starbucks and many other tenants in the immediate surrounding area have opened new locations here. The 5 mile population from the site is 152,710. The 1 mile household income is $78,520. The 5 mile consumer spending is a huge $1.4 BILLION. This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.50% cap rate based on NOI of $166,629. Instate Broker of Record: Brian Brockman | Bang Realty

Property Subtype:

Fast Food

Date on Market:

2026-08-03

Memphis Retail for Sale - Midtown

This offering presents a rare opportunity to acquire a corporate-operated Popeye’s in a high-exposure drive-thru QSR location with significantly embedded rent upside. The core investment thesis is the ability to reset the current rent of $15,552 annually to approximately $160,000 upon expiration of the option term in 2039. The original 10-year absolute NNN lease, with three 10-year options, was executed on December 9, 1998, when an older freestanding donut shop occupied the site. The lease provided the tenant the right to demolish and redevelop the property at their expense, which was completed in 2001 with the construction of the current freestanding Popeye’s. The final 10-year option commences in May 2029 at $18,862 annually, with a hard lease end date of April 30, 2039. Lamar Avenue (36K+ VPD) is one of Memphis’ primary commuter and logistics corridors, supporting strong daily traffic and long-standing quick-service demand. The site benefits from approximately 36,000 vehicles per day and is located just five miles from Memphis International Airport. Notably, of the more than 5,400 global Popeye’s locations, only 50 are corporate-operated. At just 10% of market rent, this asset offers a clearly defined mark-to-market opportunity within a long-standing corporate QSR location.

Property Subtype:

Fast Food

Date on Market:

2026-07-21

Greenfield Retail for Sale

Tennessee Broker of Record: Jonathon Aur / License No.: 265379 Faris Lee Investments & Jones Aur Commercial Real Estate is pleased to present the opportunity to acquire a value-add retail investment anchored by McDonald’s, the world’s leading quick-service restaurant brand, located along the primary commercial corridor in Greenfield, Tennessee. The 8,445-square-foot retail strip center consists of a 3,627-square-foot McDonald’s with drive-thru operating under a long-term NNN lease and 4,818 square feet of adjacent vacancy, providing investors with a clearly defined leaseup opportunity. Current in-place NOI of approximately $60,000 has the potential to increase to approximately $146,724 upon stabilization, creating significant upside through the leasing of the vacant suites while benefiting from the stability of an investment-grade anchor tenant. Positioned on a 1.26-acre signalized hard corner with excellent visibility, multiple points of ingress and egress, and ample parking, the property is surrounded by established national retailers including Shell, Casey’s, Sonic, and Subway, reinforcing its position within Greenfield’s dominant retail corridor. The offering provides investors with an attractive basis at approximately $154 per square foot and multiple avenues for value creation through strategic lease-up at projected market rents. Upon stabilization, the property is expected to support a diversified rent roll, stronger cash flow, and enhanced long-term value while maintaining the security of McDonald’s as the anchor tenant. Investors also benefit from the flexibility to continue long-term ownership for stable income or pursue disposition as a fully leased retail investment following execution of the business plan. The property serves a regional trade area of approximately 47,880 residents within a 15-mile radius and is supported by more than 19,500 households, over 900 businesses, and nearly 11,000 employees. Nearby employers, including the University of Tennessee at Martin, Parker Hannifin, Plastic products Company, and Akin & Porter Produce, contribute to a stable economic base and consistent consumer demand. Combining dependable in-place income, meaningful leasing upside, a strategic hard-corner location, and multiple exit strategies, this offering presents a compelling opportunity to acquire a retail asset with both immediate cash flow and significant long-term value creation potential.

Property Subtype:

Storefront

Date on Market:

2026-07-21

Johnson City Retail for Sale - Downtown Johnson City

CBRE is pleased to present as the exclusive advisor the opportunity to acquire 100% fee interest in a 5,157 SF strip center located in Johnson City, Tennessee. The Property is ideally positioned along a major arterial road with excellent visibility and access, ensuring high volumes of customer traffic. The asset is adjacent to the Mall at Johnson City, the #1 ranked mall within a 50-mile radius. The Mall at Johnson City serves as an excellent shadow-anchor for the Property and surrounding corridor, as the mall experienced over 6.32M visits in 2025, demonstrating its ability to attract customers from a wide trade area. The Property is currently 100% occupied by high-performing national tenants, Chipotle and Chicken Salad Chick, each proven to be incredibly resilient in the fast casual sector. The Property contains an excellent WALT of 5.33 years, highlighting the durable income and long-term stability of the asset. For qualified investors, the Johnson City - Outlot proves to be a high-quality asset with durable income, outstanding tenant performance, and a prime location near a thriving super-regional mall with nearby regional access and connectivity.

Property Subtype:

Storefront

Date on Market:

2026-07-20

Oak Ridge Retail for Sale - Anderson County

Security Square is 100% occupied, quintessential daily needs strip mall with excellent visibility and accessibility at a strong signalized hard corner along the city's primary thoroughfare. Located in Oak Ridge, which is outside of downtown Knoxville, Tennessee. Oak Ridge is home to United States Department of Energy facilities - a national laboratory and a national security complex - and high-tech/high-wage employers. It is also home to a regional medical center. The property offers an opportunity for a well located and stable investment with strong long term upside with low rents.

Property Subtype:

Storefront

Date on Market:

2026-07-20

Madisonville Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, drive-thru equipped, absolute NNN, CVS (S&P: BBB) investment property located in Madisonville, Tennessee. CVS has been operating at this location for more than 18 years and has approximately 6.5 years of firm term remaining with 10 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor within an income tax free state. CVS Pharmacy is America’s leading retail pharmacy with over 9,000 locations across 49 states.

Property Subtype:

Drug Store

Date on Market:

2026-07-20

Bruceton Retail for Sale

Small restaurant permitted for 16 seats with a drive through window on Hwy 70 just outside of Bruceton with approximately 7.71 acres, completely remodeled in 2022. Updates include paint, new tinted windows, mostly new plumbing, lighting, ceiling fans, flooring, new HVAC, updated bathroom, sheetrock, inside doors, TDS internet, water chlorination system, inspected septic and all new equipment (coolers, chairs, grill, sinks, freezer, POS system, tables, etc.). Property is fenced along the Hwy. Lots of parking space and room for an additional business. Buyer or buyer's agent to verify all pertinent information.

Date on Market:

2026-07-16

Murfreesboro Retail for Sale - Rutherford County

Foundry Commercial is pleased to present 1641 Memorial Boulevard – 100% leased, two-tenant net-leased retail property in Murfreesboro, Tennessee offering a 10-year weighted average lease term and true passive income with minimal landlord responsibilities. Starbucks, a corporate credit tenant with a drive-thru, recently exercised its 10-year renewal option after more than a decade of successful operation at this location. Pita Way, a well established Mediterranean quick-service concept founded in 2010 with 40+ locations nationwide, has executed a brand new 10-year lease for their latest concept Hummus & Garlic. Together, the rent roll delivers exceptional long-term income visibility with no near-term rollover risk. The property is located in one of the fastest-growing cities in the United States, driven by strong job growth, affordability, and proximity to Nashville. The site benefits from a dense trade area with more than 140,000 residents within a five-mile radius and is just 2.5 miles from Middle Tennessee State University, which enrolls over 20,000 students. This offering provides investors with durable, passive income supported by strong credit tenants, long-term lease security, and exposure to one of the most attractive growth markets in the Southeast. For additional information, please contact Ally Lanahan at 831-238-1131. To access the deal room, visit the property website at www.1641MemorialBlvd.com. *Hummus & Garlic conceptualized signage; opening Summer 2026

Property Subtype:

Freestanding

Date on Market:

2026-07-09

Lebanon Retail for Sale - Wilson County

Broker Of Record Hutt Cooke Matthews Real Estate Investment Services, Inc 356505, 263667 (TN) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

Property Subtype:

Restaurant

Date on Market:

2026-07-06

Knoxville Industrial for Sale - North/Broadway

4001 Bruhin Road is a rare industrial redevelopment gem in North Knoxville, offering unmatched scale, dramatic ceiling heights, and prime interstate visibility at the base of Sharp’s Ridge directly overlooking the I-640 / I-275 interchange. Priced at $2,000,000, this 2.97-acre site (approx. 129,367 SF) features a massive 25,316 SF building (built 1973) that a full-size Class A RV can drive straight through end-to-end. The front section provides 13–14 ft clear heights with flex/auto repair space, while the enormous rear former foundry boasts 30+ ft clear heights—one of the most impressive industrial interiors in the region. Additionally, two quality residences have been built out inside the building and can easily serve as on-site living quarters, event spaces, or professional offices. Zoned I-MU (Industrial Mixed-Use), the property is ideal for continued industrial use, large-scale events, a destination brewery, or ground-up redevelopment into large multifamily (subject to rezoning). With minor clearing and gravel, the site can accommodate parking for over 100 vehicles. Seller prefers owner financing: 15-year term, 20% down, interest at 2% over Wall Street prime (adjusted every 5 years), with a 10% prepayment penalty if paid off within the first 5 years. Located just 1 mile from the booming Happy Holler district on Central Street—Knoxville’s vibrant renaissance neighborhood filled with breweries, cafes, shops, and nightlife—the site enjoys thousands of daily interchange vehicles plus quick access to downtown and Fountain City. Full utilities, 3-phase power, grade-level doors, and roll-up access are already in place. The building currently generates cash flow from compatible tenants and can deliver vacant for immediate redevelopment. In a market hungry for unique industrial/event/brewery spaces and multifamily sites near Happy Holler’s energy, 4001 Bruhin Road delivers immediate usability and tremendous upside. Contact us for details or to schedule a private tour. Investment Highlights 1. Attractive $2M Pricing & Massive Scale: $2,000,000 for 2.97 acres with a 25,316 SF building—exceptional value per square foot in a high-visibility North Knoxville corridor. 2. Unparalleled Ceiling Heights & Drive-Through Capability: Front 13–14 ft clear heights; rear former foundry with 30+ ft clear heights. Drive a full Class A RV straight through the entire building—ideal for industrial, events, or brewery operations. 3. Two Built-Out Residences: High-quality living quarters already finished inside the building—perfect for on-site housing, event lodging, or office conversion. 4. Prime Interstate Visibility & Access: Overlooks the I-640 / I-275 interchange at the base of Sharp’s Ridge—thousands of daily vehicles and effortless highway exposure. 5. 100+ Vehicle Parking Potential: Minor clearing and gravel easily supports parking for over 100 vehicles. 6. Just 1 Mile from Booming Happy Holler: Minutes from Central Street’s thriving renaissance—natural synergy for brewery, event, or multifamily concepts. 7. Seller-Financed Opportunity: Preferred 15-year owner financing with 20% down, interest only 2% over Wall Street prime (adjusted every 5 years), and 10% penalty for early payoff within 5 years—highly favorable terms. 8. Flexible I-MU Zoning: Supports heavy industrial, flex, events, breweries, or potential rezoning for large multifamily. 9. Immediate Readiness & Cash-Flow Option: Existing building with 3-phase power, multiple doors, utilities in place, and current tenant income—ready for occupancy or redevelopment. 10. Strong Market Positioning: Benefits from North Knoxville’s growth, interchange traffic, and proximity to one of Knoxville’s hottest emerging districts—versatile upside for industrial users, event operators, brewers, or apartment developers. Buyer to verify all details. Contact us today to explore this one-of-a-kind property and discuss owner-financing details.

Property Subtype:

Warehouse

Date on Market:

2026-07-02

Nashville Retail for Sale - Rivergate/Hendersonville

Former fast-food restaurant with drive-thru available for sale on one of East Nashville's most trafficked retail corridors. The ±2,564 SF freestanding building sits on a ±1.09-acre lot with 51 parking spaces, over 200 feet of frontage along Gallatin Pike, and four total points of ingress/egress — two off Gallatin Pike and two off McChesney Avenue. Pylon signage is available. Zoned MUL-A.

Property Subtype:

Fast Food

Date on Market:

2026-06-26

Jackson Retail for Sale

Ransome Foose and Carl Brendes of Berkely Capital Advisors are pleased to present for sale Marco's Pizza in Jackson, TN. We welcome your review of this attractive investment.

Property Subtype:

Fast Food

Date on Market:

2026-06-24

Hendersonville Retail for Sale - Rivergate/Hendersonville

Newly Constructed 6,108 SF building on 2.37 acres in Hendersonville, Tennessee (Nashville MSA) Brand New 15-Year NNN Ground Lease with 10% increases every 10 years Site is located at a new signalized intersection next door to a brand new Jim 'N NIcks and Valvoline along East Main St (25,000+ cars per day) in Hendersonville, 18 miles northeast of Downtown Nashville Nearby retailers include Publix, Kroger, Lowe's, PetSmart, Office Depot and Raising Canes Hendersonville is currently experiencing unprecedented growth in retail and office development, with over $1 billion in new development approved for construction No State Income Tax in Tennessee

Property Subtype:

Fast Food

Date on Market:

2026-06-24

Nashville Retail for Sale - West End

Broker of Record Hutt Cooke License # 356505 (TN) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

Property Subtype:

Fast Food

Date on Market:

2026-06-23

Ashland City Retail for Sale - Cheatham County

Founded in 1972, the Popeyes brand has more than 50 years of history and culinary tradition. Popeyes’ culinary heritage is built upon the rich Cajun and creole flavor profiles that are unmistakably Louisiana. New CFH, LLC (“NCFH”) is a 230-Unit entity, and wholly owned subsidiary of Restaurant Brands International, Inc. Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with nearly $47 billion in annual systemwide sales and over 33,000 restaurants in more than 120 countries and territories. Ashland City in a town and the county seat of Cheatham County, Tennessee. Part of the Nashville metropolitan area, the town is home to over 5,600 residents.

Property Subtype:

Fast Food

Date on Market:

2026-06-23

Dickson Land for Sale - Dickson County

The subject property is a pad ready approved industrial development site for a total +/-20,400 SF of multi-tenant industrial building situated on 2.21 AC. The fully approved site plan is comprised of a single-demisable 15,000 SF building plus three (3) separate multi-tenant buildings each 1,800 SF totaling 5,400 SF. Located on a high visibility corner of coveted HWY 46, which is the main highway traffic artery which connects from Columbia through Dickson up to Clarksville. The highway boasts 13,000 ADT south of I40 with those traffic counts growing each day. HWY 46 features all of the major industrial distribution, wholesalers, gas stations, and national credit rated tenants. Public utilities such as water, sewer, electrical (corner), and gas are in the roadway just a few feet from the parcel. TDOT (Tennessee Department of Transportation) has approved a right hand turn ingress / egress from Hwy 46 wide enough to accommodate big rigs along with truck distribution. The city is extremely business friendly and will work with developers to generate business revenue. LOCATION Desirable Highway 46 corner lot offering approximately 281 feet of frontage on Highway 46. Its strategic location provides easy access to major routes, including Interstate 40 (I-40), Interstate 840 (I-840), Highway 100, and Highway 7, making it suitable for various commercial uses. Hwy 46 is a main business thoroughfare through Dickson with high traffic counts (approximately +13K ADT). Dickson is a booming city and boasts most major retailers, gas stations, restaurants, along with residential housing just 40 minutes west of Downtown Nashville. COMMERCIAL ZONING The property is zoned C-2 (General Commercial), one of the most versatile commercial zoning classifications in Dickson. Intended to accommodate general and highway-oriented commercial development, C-2 zoning permits a broad range of retail, service, automotive, hospitality, and commercial uses. Permitted uses include retail stores, automotive sales and service, restaurants (including drive-thru), banks, professional and medical offices, personal service businesses, hotels, motels, and entertainment venues, providing flexibility for developers, owner-users, or investors seeking multiple development options. Infrastructure is in place to support immediate development. Public utilities—including water, sewer, electricity (available at the corner), and natural gas—are located adjacent to the property along the roadway. The Tennessee Department of Transportation has approved a dedicated right-in/right-out entrance from Highway 46 designed to accommodate passenger vehicles as well as tractor-trailers and commercial truck traffic. Coupled with the City of Dickson's business-friendly development environment, this shovel-ready site presents a rare opportunity to develop a highly visible commercial or flex-industrial project in one of Middle Tennessee's growing markets.

Property Subtype:

Commercial

Date on Market:

2026-06-11

Waynesboro Retail for Sale

The property is secured by an absolute NNN lease to an established Sonic franchisee with approximately 7 years remaining and a personal guaranty from an experienced 32-unit operator. Sonic operates more than 3,500 locations across 45 states and is the largest drive-in restaurant brand in the U.S. The property is adjacent to Wayne Medical Center and strategically located near the junction of State Route 13 and U.S. Route 64. The functional site includes a drive-thru, outdoor patio seating, and benefits from nearby national retailers and average household incomes exceeding $80,000 within a three-mile radius. In association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed Tennessee Broker #264531

Property Subtype:

Fast Food

Date on Market:

2026-06-10

Dickson Retail for Sale - Dickson County

The property is secured by an absolute NNN lease to an established Sonic franchisee with approximately seven years remaining and strong store sales featuring percentage rent and a favorable rent-to-sales ratio. The tenant is backed by a personal guaranty from an experienced 32-unit operator. Located within the growing Nashville MSA, approximately 40 miles east of Nashville, the site benefits from strong population growth, over 106,000 annual visitors, proximity to Interstate 40 (39,464 AADT), and nearby demand drivers including 10 hotels and TriStar Horizon Medical Center, a 157-bed regional hospital affiliated with HCA Healthcare. The functional site includes a drive-thru and outdoor patio seating. In association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed Tennessee Broker #264531

Property Subtype:

Fast Food

Date on Market:

2026-06-10

Arlington Retail for Sale - Northeast

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

Property Subtype:

Fast Food

Date on Market:

2026-06-08

Memphis Retail for Sale - Midtown

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

Property Subtype:

Fast Food

Date on Market:

2026-06-08

Hixson Retail for Sale - Outlying Hamilton County

The property is a former operating bank building situated on a 0.38-acre lot. The building was built in 2005 and spans 2,900 square feet and features a well-maintained paved parking lot that can accommodate 16 vehicles. The building also has a drive-up window, accessible via Williams Road, a side street adjacent to the property. The inside is in mint condition and has several private offices, large open space, break area and a bathroom. This property would work well as a professional office for an Attorney, CPA, Medical application or could also remain as a bank for a new owner.

Property Subtype:

Bank

Date on Market:

2026-06-04

Memphis Retail for Sale - Midtown

Surmount is pleased to present the Offering Memorandum for a Wendy's located at 749 S Highland St, Memphis, TN 38111. The site consists of roughly 2,711 rentable square feet of building space on an estimated 0.65-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 5/6/2021. The current annual rent is $138,331 and has scheduled increases of lesser of change in cpi or 1.25% annually.

Property Subtype:

Fast Food

Date on Market:

2026-06-04

Covington Retail for Sale - Tipton County

• More than 12 years of remaining primary term with two (2) 5-year renewal options, providing stable in-place income and long-term extension potential • 10% rental increases every 5 years during the primary term and at the beginning of each option period support NOI growth and provide a hedge against inflation • The tenant, Popeyes Louisiana Kitchen, Inc., is a corporate entity for Popeyes, one of the world’s largest chicken QSR brands with more than 5,000 locations • The property features drive-thru infrastructure, promoting efficient customer flow and supporting tenant performance

Property Subtype:

Fast Food

Date on Market:

2026-06-01