Scooter’s Coffee - 1698 Poplar Ave

Memphis, TN 38104

• NNN Property
• Retail for Sale
• $2,564,363 CAD
• 806 SF

• Air Conditioning
• Wheelchair Accessible

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

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-06-08

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Pad to Target/Sprouts | 10+ Yrs, 3% Ann - 3100 Forest Hill Irene Rd

Germantown, TN 38138

• NNN Property
• Retail for Sale
• $3,416,783 CAD
• 3,346 SF

• Restaurant

Germantown Retail for Sale - 385 Corridor

This offering presents the opportunity to acquire a high-performing single-tenant net leased restaurant investment located in Germantown, Tennessee, one of the most affluent and established suburban communities within the Memphis MSA. The property is strategically positioned as a highly visible outparcel to The Shops of Forest Hill, a Target and Sprouts Farmers Market-anchored shopping center serving one of the region’s most desirable retail trade areas. According to Placer.ai, The Shops of Forest Hill ranks in the Top 13% of community shopping centers in Tennessee and the Top 19% of shopping centers within a 15-mile radius, benefiting from a diverse mix of national retailers, restaurants, service providers, and entertainment uses. The investment is secured by a long-term net lease featuring 3% annual rental increases and more than 10 years of remaining lease term, providing investors with attractive contractual income growth. The location has demonstrated strong operating performance, supported by an exceptionally low 4.3% rent-to-sales ratio and five years of successful operations at the property. Gus’s World Famous Fried Chicken is an iconic restaurant concept with deep Memphis roots dating back to 1953 and has expanded to more than 35 locations across 15 states. The brand enjoys strong recognition throughout the Mid-South and has developed a loyal customer following nationwide. The property benefits from exceptional demographics, including average household income exceeding $284,000 within one mile and approximately 49,000 residents within three miles. Located near the signalized intersection of Forest Hill Irene Road and Poplar Avenue, the asset enjoys strong visibility, excellent accessibility, and proximity to major employment drivers, including FedEx World Headquarters, located approximately seven miles from the property. Combining a proven restaurant operator, strong location fundamentals, contractual rent growth, exceptional demographics, and irreplaceable Germantown real estate, the offering presents a compelling opportunity to acquire a premier net leased retail investment in one of Tennessee’s most desirable suburban markets.

Contact:

Lee & Associates Commercial Real Estate Services

Property Subtype:

Freestanding

Date on Market:

2026-06-08

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Wendy's - 749 S Highland St

Memphis, TN 38111

• NNN Property
• Retail for Sale
• $3,573,210 CAD
• 2,711 SF

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.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2026-06-04

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Hacks Cross Plaza - 4202 Hacks Cross Rd

Memphis, TN 38125

• NNN Property
• Retail for Sale
• $8,741,490 CAD
• 31,861 SF

Memphis Retail for Sale - 385 Corridor

Hacks Cross Roads presents a compelling investment opportunity as a fully occupied retail shopping center in Memphis, Tennessee. This 31,816 square foot property features a diverse tenant mix, including anchor tenants such as Family Dollar and Jerusalem Kabob and Cafe LLC, ensuring a stable income stream. The property is offered at of $6,152,946.00 w ith a cap rate of 6.73%, reflecting its strong financial performance. The center generates an adjusted net operating income of $414,093.27, w ith total annual income reaching $585,115.08, inclusive of base rent and NNN reimbursements. Tenants operate under a triple net lease structure, minimizing ow ner expenses and maximizing returns. Strategically located on Hacks Cross Road, the center benefits from a high traffic count of 66,065 vehicles per day, enhancing its visibility and accessibility. The immediate area is characterized by strong demographics, w ith a population of 279,048 w ithin a 5-mile radius. The property serves as a vital retail hub in a thriving commercial corridor, supported by a robust tenant roster and long-term leases, making it an ideal investment for those seeking reliable cash flow and grow th potential in the Memphis market.

Contact:

A&M Realty Inc

Property Subtype:

Storefront

Date on Market:

2026-05-11

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Jim n Nicks Olive Branch, MS - 8401 McGregor Xing

Olive Branch, MS 38654

• NNN Property
• Retail for Sale
• $5,920,057 CAD
• 4,255 SF

• Air Conditioning
• Wheelchair Accessible

Olive Branch Retail for Sale - DeSoto County

Newly constructed Jim 'N Nick's Bar-B-Q ground lease investment within The Bridges at Camp Creek, a 110,000+ SF master-planned retail development in Olive Branch, Mississippi. The asset is secured by a new 15-year absolute NNN ground lease with zero landlord responsibilities and is corporately guaranteed by Jim ‘N Nick’s Management, LLC. The lease features 10% rent increases every five years during the initial term and 15% increases throughout four five-year option periods, providing investors with up to 35 years of lease term and strong inflation protection. The newly constructed prototype was specifically designed to support Jim ‘N Nick’s evolving “Fast-Casual Plus” model, featuring double drive-thru lanes, dedicated off-premises pickup areas, and an efficient kitchen layout. Approximately 60% of sales are generated through off-premises channels, reinforcing the long-term viability of the format. Jim ‘N Nick’s operates 62 locations across the Southeast and reported more than $200 million in system-wide sales in 2024. The tenant is owned by Roark Capital, a leading private equity firm with over $41 billion in assets under management and a portfolio that includes Dunkin’, Subway, Arby’s, and Buffalo Wild Wings. The immediate trade area features a strong concentration of Roark-backed brands, highlighting institutional confidence in the market. The property benefits from direct frontage along New Goodman Road (Hwy 302), one of Olive Branch’s primary retail corridors, with traffic counts exceeding 34,800 vehicles per day and immediate access to US-78 (±65,200 VPD). The surrounding corridor is anchored by Walmart, Kroger, Lowe’s, and Home Depot and continues to experience significant growth driven by new residential and mixed-use development activity throughout the Olive Branch and greater Memphis MSA market.

Contact:

Faris Lee Investments

Property Subtype:

Restaurant

Date on Market:

2026-05-08

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6089 Apple Tree Dr

Memphis, TN 38115

• NNN Property
• Office for Sale
• $1,065,525 CAD
• 4,284 SF

Memphis Office for Sale - 385 Corridor

Property under a recently signed 5 year lease.

Contact:

Crye-Leike Commercial

Date on Market:

2026-04-30

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The Conrad Pearson Clinic - 1325 Wolf Park Dr

Germantown, TN 38138

• NNN Property
• Office for Sale
• $39,779,599 CAD
• 33,777 SF

Germantown Office for Sale - East

Long Term Leases with Annual Growth Both Leases Feature Annual Rental Increases Throughout Term Triple Net Lease Structure Tenant Fully Responsible for All Expenses Relating to the Property with Ability to Collect Reimbursement for Management and Operating Personnel. Purpose Designed Construction Designed and Constructed by The Conrad Pearson Clinic to Accommodate their Specific Needs while Providing a Streamlined Connection of their Clinical and Surgical Practices Significant Growth within Urology Specialty Increasing Incidence of Prostate Cancer and Other Urological Issues with Aging Population to Double in Next 25 years. Projected 10.33% Compounded Annual Growth Rate Through 2030. Major Medical Industry in Memphis, Tennessee Major Institutions Include: St. Jude Children's Research Hospital Methodist Le Bonheur Healthcare Baptist Memorial Health Care These Systems Create a Large Healthcare Workforce, Large Patient Volumes, Clinical Research Opportunities and Demand for Healthcare Services and Suppliers. Healthcare and Life Science in Greater Memphis Compose One of the Largest Industry Clusters in the Region with 88,725 Employees, Accounting for 13% of the Regions Workforce. High Patient Demand + Low Operating Costs Provide Perfect Environment for Success Mid-South Region is Known as the Center of the Chronic Disease Belt which Contributes to Significant Healthcare Demand. Large Regional Population Base and Limited Access to Care in Rural Areas Drives High Patient Volumes. No State Income Tax and a Competitive Corporate Tax Rate Combined with a Cost of Living that is 12% Below the U.S. Average provides a Low-Cost Environment for Healthcare Businesses and Employees.

Contact:

Marcus & Millichap

Property Subtype:

Medical

Date on Market:

2026-03-31

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982 Goodman Rd W

Horn Lake, MS 38637

• NNN Property
• Retail for Sale
• $3,096,178 CAD
• 4,190 SF

Horn Lake Retail for Sale - DeSoto County

Hooters (the "Property") is a single-tenant net-leased asset strategically located along Goodman Road in Horn Lake, Mississippi—one of DeSoto County’s main commercial thoroughfares. The Property enjoys excellent visibility and access, with nearby national retailers including Walmart Supercenter, Lowe’s, AutoZone, Walgreens, Chick-fil-A, and Kroger, making this a well-trafficked retail corridor. Built in 2002, the ±4,190 square foot building is situated on a prominent outparcel with strong frontage and convenient ingress/egress. In July 2025, the tenant, Hooters, executed a five-year lease extension, demonstrating ongoing commitment to the location. The lease includes fixed rental increases and is structured as an absolute NNN, offering passive cash flow with no landlord responsibilities. This offering presents a rare opportunity to acquire a stabilized single-tenant restaurant asset in a dynamic suburban Memphis market, underpinned by long-term corporate tenancy and surrounded by a dense retail and residential base.

Contact:

EDGE Capital Markets

Property Subtype:

Restaurant

Date on Market:

2026-03-03

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