Bojangles - 3551 Austin Peay Hwy

Memphis, TN 38128

• NNN Property
• Retail for Sale
• $2,923,164 CAD
• 2,366 SF

Memphis Retail for Sale - North

This NNN QSR outparcel is situated within the Marketplace at Raleigh development on Austin Peay Highway, a high-frequency corridor anchored by a nearby Walmart Supercenter and Kroger and flanked by co-tenants including Chick-fil-A and Starbucks. The lease structure features a 20-year initial term, zero landlord maintenance or expense responsibilities, and 10% rental increases at each five-year interval. The surrounding trade area benefits from substantial employment infrastructure, including the Amazon fulfillment center in Frayser, Nike’s Northridge distribution campus employing 1,850 workers, Memphis International Airport serving as North America’s busiest cargo hub, and the 246-bed Methodist North Hospital. Civic reinvestment along the corridor is anchored by the $45 million Raleigh Springs Civic Center, with 20 acres of its site designated by the City of Memphis for commercial development projected to generate $91 million in new investment.

Contact:

CP Partners CRE

Property Subtype:

Fast Food

Date on Market:

2026-08-07

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Zips Car Wash - Knoxville TN - 4416 Western Ave

Knoxville, TN 37921

• NNN Property
• Specialty for Sale
• $3,302,145 CAD
• 3,003 SF

Knoxville Specialty for Sale - North/Broadway

• 3+ years of remaining term with 1 (10-year) and 6 (5-year) options to extend • The lease features 1.50% annual rental increases throughout initial term and options thereafter (In 1st Option annual rent jumps to $210,000) • Recent Remodel (2025) - Building is below replacement cost • Was previously a Time to Shine car was location, before Zips bought them in 2017 • The combination of recent remodel, the long-term historical car wash use, and low rent are major contributors to the projected success at this location • Corporate lease signature from Zips Car Wash, LLC, a private company with more than 280 units under operation

Contact:

SRS Real Estate Partners

Property Subtype:

Car Wash

Date on Market:

2026-08-05

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Bojangles' - 6547 Highway 11 E

Piney Flats, TN 37686

• NNN Property
• Retail for Sale
• $3,285,425 CAD
• 4,194 SF

Piney Flats Retail for Sale - Sullivan County

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to preset for sale Bojangles in Piney Flats, TN. We welcome your review of this attractive investment.

Contact:

Berkeley Capital Advisors

Property Subtype:

Restaurant

Date on Market:

2026-08-03

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Dutch Bros - 3495 Austin Peay Hwy

Memphis, TN 38128

• NNN Property
• Retail for Sale
• $4,221,197 CAD
• 1,025 SF

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

Contact:

Fortis Net Lease

Property Subtype:

Fast Food

Date on Market:

2026-08-03

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Fast Pace Health Urgent Care - 421 S Main St

Goodlettsville, TN 37072

• NNN Property
• Office for Sale
• $5,068,934 CAD
• 3,600 SF

Goodlettsville Office for Sale - West

AiCRE Partners is pleased to present the opportunity to acquire the fee simple interest of the Fast Pace Health urgent care facility located at 421 South Main Street in Goodlettsville (Nashville MSA), TN. This asset is backed by a corporate-guaranteed, absolute NNN (Modified) lease with approximately 14 years of initial term remaining, ensuring zero landlord responsibilities and stable income. The lease includes 2% rental increases annually and three five-year renewal options, providing long-term growth potential. Fast Pace Health, a leading provider with over 295 clinics across six states, serves as an essential healthcare operator focused on underserved rural and suburban markets. Positioned along East Main Street in the heart of Hendersonville’s established retail corridor, this 3,600 SF building offers investors a passive, inflation-protected income stream supported by one of the fastest-growing brands in urgent care, in a market with limited competition and solid economic drivers.

Contact:

AiCRE Partners

Property Subtype:

Medical

Date on Market:

2026-07-31

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Fast Pace Health Urgent Care - 255 E Main St

Hendersonville, TN 37075

• NNN Property
• Office for Sale
• $5,694,590 CAD
• 3,600 SF

Hendersonville Office for Sale - Rivergate/Hendersonville

AiCRE Partners is pleased to present the opportunity to acquire the fee simple interest of the Fast Pace Health urgent care facility located at 255 East Main Street in Hendersonville (Nashville MSA), TN. This asset is backed by a corporate-guaranteed, absolute NNN (Modified) lease with approximately 14 years of initial term remaining, ensuring zero landlord responsibilities and stable income. The lease includes 2% rental increases annually and three five-year renewal options, providing long-term growth potential. Fast Pace Health, a leading provider with over 295 clinics across six states, serves as an essential healthcare operator focused on underserved rural and suburban markets. Positioned along East Main Street in the heart of Hendersonville’s established retail corridor, this 3,600 SF building offers investors a passive, inflation-protected income stream supported by one of the fastest-growing brands in urgent care, in a market with limited competition and solid economic drivers.

Contact:

AiCRE Partners

Property Subtype:

Medical

Date on Market:

2026-07-31

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JBJ’s Nashville - 405 Broadway

Nashville, TN 37203

• NNN Property
• Retail for Sale
• $181,130,294 CAD
• 36,767 SF

Nashville Retail for Sale - Downtown

Nashville’s iconic Lower Broadway continues to be a significant driver of the city's tourism and economy. In 2023, the area attracted a record-breaking 16.8 million visitors, marking a 4% increase from the previous year. These visitors contributed to an impressive $10.56 billion in consumer spending, underscoring Broadway's role as a central entertainment and hospitality destination. The consistent growth in both foot traffic and spending highlights Broadway's appeal and its importance to Nashville's vibrant tourism industry.

Contact:

Surmount

Property Subtype:

Bar

Date on Market:

2026-07-23

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Norther Tool + Equipment | Recent Extension - 1705 Old Fort Pky

Murfreesboro, TN 37129

• NNN Property
• Retail for Sale
• $7,826,222 CAD
• 25,984 SF

Murfreesboro Retail for Sale - Rutherford County

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Northern Tools + Equipment investment property located in Murfreesboro, Tennessee. The tenant, Northern Tool & Equipment Company, Inc has 5+ years remaining on their lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.5% annual increases throughout the remainder of term and 2% annual increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is Modified NNN with limited landlord responsibilities making it an ideal, low management investment opportunity for an out of state investor.

Contact:

SRS National Net Lease

Property Subtype:

Freestanding

Date on Market:

2026-07-22

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Advance FInancial | Abs NNN | Annual Incrses - 4270 Fort Henry Dr

Kingsport, TN 37663

• NNN Property
• Retail for Sale
• $1,717,951 CAD
• 6,000 SF

Kingsport Retail for Sale - Sullivan County

• Over 6 years of remaining primary term with two (2) additional 5-year renewal options, providing stable in-place income and long-term extension potential • 2% annual rental increases throughout the primary term support NOI growth and provide a built-in hedge against inflation, with fair market value (FMV) rent adjustments at the commencement of each renewal option

Contact:

SRS National Net Lease

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-07-22

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Corporate Popeyes - Memphis, TN - 2235 Lamar Ave

Memphis, TN 38114

• NNN Property
• Retail for Sale
• $1,044,982 CAD
• 2,557 SF

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.

Contact:

jack@hopkinsretailgroup.com

Property Subtype:

Fast Food

Date on Market:

2026-07-21

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McDonalds Anch Strip Ctr / Value Add Oppor - 1907 N Meridian St

Greenfield, TN 38230

• NNN Property
• Retail for Sale
• $1,811,303 CAD
• 8,445 SF

• Air Conditioning

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.

Contact:

Faris Lee Investments

Property Subtype:

Storefront

Date on Market:

2026-07-21

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963-979 Oak Ridge Tpke

Oak Ridge, TN 37830

• NNN Property
• Retail for Sale
• $4,597,923 CAD
• 21,230 SF

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.

Contact:

Blvd Real Estate Investment Co.

Property Subtype:

Storefront

Date on Market:

2026-07-20

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PetSmart - 250 E Emory Rd

Powell, TN 37849

• NNN Property
• Retail for Sale
• $7,666,284 CAD
• 18,194 SF

Powell Retail for Sale - North/Emory Road

Zebra Capital and Bang Realty are proud to exclusively present for sale single-tenant, net leased PetSmart investment property located in Knoxville, TN with 12 years remaiining on the lease. The property consists of 18,134 SF building, sitting on a 3.43 Acres parcel, built in 2018 and located within a Kroger Grocery anchored shopping center (owned and operated by Kroger itself). LONG TERM LEASE - NEWLY EXTENDED 12-YEAR LEASE AFFIRMING TENANTS COMMITMENT AFFLUENT DEMOGRAPHICS - AVERAGE HOUSEHOLD INCOME ABOVE $93,000 IN A 3-MILE RADIUS RECESSION-RESISTANT TENANT - PET STORE SECTOR HISTORICALLY PERFORMED EXCEPTIONALLY WELL DURING RECESSIONARY TIMES MINIMAL LANDLORD RESPONSIBILITIES - ROOF & STRUCTURE ONLY (2018 BUILT) NO INCOME TAX STATE - TENNESSEE IS ONE OF NINE STATES WITH NO INCOME TAX RAPIDLY GROWING POPULATION - KNOXVILLE MSA GREW 6.7% SINCE 2020

Contact:

Zebra Capital, LLC

Property Subtype:

Storefront

Date on Market:

2026-07-20

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CVS | Corp Abs NNN | 18+yrs Occupancy - 4515 Highway 411

Madisonville, TN 37354

• NNN Property
• Retail for Sale
• $4,298,361 CAD
• 12,500 SF

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.

Contact:

SRS Real Estate Partners

Property Subtype:

Drug Store

Date on Market:

2026-07-20

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Take 5 Oil Change | Absolute NNN Ground Lease - 4516 Grassy Knoll Rd

Knoxville, TN 37931

• NNN Property
• Retail for Sale
• $3,187,893 CAD
• 1,920 SF

Knoxville Retail for Sale - North/Broadway

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN ground leased Take 5 Oil Change investment property located in Knoxville, Tennessee. The tenant, SBV T5 1647 LLC (dba Take 5 Oil Change), recently executed a brand new 15-year lease with four (4) 5-year renewal options, demonstrating its long-term commitment to the site. The lease features scheduled 10% rental increases every five years throughout the primary term and at the commencement of each renewal option, supporting steady NOI growth and providing a built-in hedge against inflation. The lease is structured as an absolute NNN ground lease with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive or out-of-state investor.

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2026-07-20

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1031 EXCHANGE PROPERTY - 3365 E Stone Dr

Kingsport, TN 37660

• NNN Property
• Industrial for Sale
• $2,159,630 CAD
• 11,782 SF

Kingsport Industrial for Sale - Sullivan County

GREAT 1031 PROPERTY. For investors seeking a premier 1031 exchange prospect, this property presents an exceptional opportunity. The national tenant has maintained operations at this site for more than 16 years and holds multiple five-year renewal options that include scheduled rent increases. This asset offers a robust triple-net (NNN) income stream featuring a 6.0% CAP rate. Situated on Highway 11W in Kingsport, TN, the facility serves as a hub for a regional distribution firm. Originally constructed in 1974, the building has recently undergone extensive upgrades, including a new membrane roof, fresh interior and exterior paint, and new flooring throughout the office section. Additional improvements include high-intensity exterior security lighting and a freshly striped parking area. Key physical attributes include an 11,800-square-foot metal structure positioned on a 4.2-acre lot. The interior comprises 2,350 square feet of dedicated office space, while the warehouse features a 22-foot clear ceiling height and 28 dock-high doors. The entire perimeter is fenced, and the site is zoned M-1. Investors should act quickly to secure this fully renovated, long-term income-producing asset backed by a reliable tenant.

Contact:

Blue Ridge Properties

Property Subtype:

Truck Terminal

Date on Market:

2026-07-11

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Arby's - 2107 US Highway 411 S

Maryville, TN 37801

• NNN Property
• Retail for Sale
• $4,652,262 CAD
• 1,987 SF

Maryville Retail for Sale - Blount County

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Arby's in Maryville, TN. We welcome your review of this attractive investment.

Contact:

Berkeley Capital Advisors

Date on Market:

2026-06-30

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Marco's Pizza - 1683 S Highland Ave

Jackson, TN 38301

• NNN Property
• Retail for Sale
• $1,538,911 CAD
• 1,208 SF

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.

Contact:

Berkeley Capital Advisors

Property Subtype:

Fast Food

Date on Market:

2026-06-24

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New Construction Chick-Fil-A - Nashville MSA - 262 E Main St

Hendersonville, TN 37075

• NNN Property
• Retail for Sale
• $4,700,323 CAD
• 6,108 SF

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

Contact:

Oldacre McDonald, LLC

Property Subtype:

Fast Food

Date on Market:

2026-06-24

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Popeyes - 133 Hutton Pl

Ashland City, TN 37015

• NNN Property
• Retail for Sale
• $2,673,762 CAD
• 2,256 SF

• Restaurant

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.

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-06-23

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Arby's - 822 Cosby Hwy

Newport, TN 37821

• NNN Property
• Retail for Sale
• $5,177,540 CAD
• 4,301 SF

Newport Retail for Sale

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

Contact:

Berkeley Capital Advisors

Property Subtype:

Fast Food

Date on Market:

2026-06-15

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Firestone Complete Auto Care - TN - 831 Callen NW Ln

Cleveland, TN 37312

• NNN Property
• Retail for Sale
• $4,621,480 CAD
• 6,222 SF

Cleveland Retail for Sale

Fortis Net Lease is pleased to present this 6,222 SF Firestone Complete Auto Care store located in Cleveland, Tennessee. This extremely rare 15 year Absolute NNN Ground Lease will require zero landlord responsibilities. The lease offers 5% rental rate increases every 5 years including at each of the 5 (5 Year) Options. The store has completed construction and successfully opened for business in June 2026! This Firestone benefits from a convenient location just off the I-75 South Exit (48,871 ADTC) and excellent visibility as it is located on the hard corner of Paul Huff Parkway NW (28,781 ADTC) & Mouse Creek Rd NW (11,086 ADTC). It sits on a dense retail corridor across from a Home Depot and Publix (Ranking #5 in all of TN for foot traffic), and on down the road from Walmart (Also ranking #5 in all of TN for foot traffic!) & Bradley Square Mall. The 5 mile population from the site is 66,740. The 1 mile household income is $108,105. This area is seeing a steady growth in population with the 5 mile growth rate at 4.53%. This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 4.85% cap rate based on NOI of $160,870. Instate Broker of Record: Brian Brockman | Bang Realty

Contact:

Fortis Net Lease

Date on Market:

2026-06-11

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Sonic - 224 Dexter L. Wood Memorial

Waynesboro, TN 38485

• NNN Property
• Retail for Sale
• $1,960,387 CAD
• 1,273 SF

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

Contact:

Fisher James Capital

Property Subtype:

Fast Food

Date on Market:

2026-06-10

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Sonic - 2530 Highway 46 S

Dickson, TN 37055

• NNN Property
• Retail for Sale
• $3,357,877 CAD
• 1,225 SF

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

Contact:

Fisher James Capital

Property Subtype:

Fast Food

Date on Market:

2026-06-10

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