Cleveland Retail for Sale - Downtown Cleveland

Marcus & Millichap is pleased to present for sale this Absolute NNN Wendy’s located at 925 25th Street NW, Cleveland, Tennessee. The subject property consists of a Free Standing 2,326 square foot restaurant with a drive-thru window and ample parking on a .59 Acre Parcel of land. Strategically situated at the Hard Corner Signalized Intersection of 25th Street NW and Peerless Rd NW, the property benefits from great visibility and daily traffic counts in excess of 28,800 vehicles per day. The Immediate trade area is home to more than 43,356 full time residents with an average household income exceeding $72,528 annually. Directly off Interstate 75, the Subject Property is also within proximity to the Mars Chocolate North America Factory (M&M, Twix, Milky Way) and the Life Care Centers of America HQ, which employs over 40,000 people. This Wendy’s is in the vicinity of National Retailers such as Big Lots, KFC, Papa Johns, Arby’s, Tractor Supply, Taco Bell, and many others. This location is operated by Southeast Food Services Company LLC - 42 Unit Operating Company. Wendy’s has been operating this location for over 15 years and at the tenant’s expense, must undergo a full remodel of the restaurant by November 2025. Wendy’s, founded by Dave Thomas in 1969, is one of the most recognized quick-service restaurant (QSR) brands in the world. Known for its fresh, never frozen beef, made-to-order square hamburgers, and signature menu items such as the Frosty dessert, Wendy’s has grown to over 7,000 locations worldwide, generating annual revenue in excess of $2.2 billion.

Property Subtype:

Fast Food

Date on Market:

2025-09-10

Tazewell Retail for Sale

Marcus & Millichap is pleased to present for sale this Wendy’s Restaurant with drive thru located at 1501 N Broad Street in Tazewell, Tennessee. Tazewell is a town and the County Seat of Claiborne County, located a short 47-minute drive from Knoxville, Tennessee. This brand new construction Wendy’s is subject to a 20 year absolute NNN Lease with 7.5 percent increases in rent every five years. This Wendy’s property is located a short distance from Walters State Community College with over 5,742 enrolled students and a few minutes from New Tazewell Municipal Airport. Many apartment complexes surround this property including The Peaks of Tazewell Apartments with two stories and 56 rented apartment units, Cedar Ridge Apartments with 50 rented units. Also in close vicinity to the property are Rockwood Shopping Center, anchored by Fresh & Low Grocery (AWG) affiliate, Rite Aid, Family Dollar, Advance Auto Parts, The U.S. Post Office and many other national and regional retailers. Also nearby this Wendy’s is Claiborne County Hospital Rehabilitation Center with 100 Beds and The Claiborne Medical Center, which is an 85 Bed full-service hospital. Wendy’s is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio. As of January 2019, there were a total of over 6,711 locations, including 353 that are company-owned. 6,356 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy’s was the world’s third largest hamburger fast-food chain, following Burger King’s 12,000 plus locations and McDonald’s with 31,000 plus locations.).

Property Subtype:

Fast Food

Date on Market:

2025-09-10

Scotts Hill Flex for Sale

Commercial Opportunity in Scotts Hill! Located off busy Hwy 100 in the center of Scotts Hill, this 2400 square foot commercial building is situated on 1.49 acres with room to grow! Recently operating as a fully licensed and occupied TN Daycare-Totsville Learning Center-this property is offered with all contents (excluding only 1 freezer & computer/printer). The State required fire alarm system/AED, defibrillator, security cameras, all equipment, toys, wooden shelving, cribs, cots, chairs, tables, books, educational materials, etc.-all included. Owner has completed extra steps in the building as required by the St of TN licensing division & their "Life Safety Plans" requirements-owner had the safety plans drawn by an architect- 4 exits, special locks & safety features, special paint on all wooden walls/trim, motion activated water facets in baths w/auto shut off, separate designated classrooms according to age groups, accompanying newborn & up age groups. Many other business uses possible as well: Restaurant-with fully furnished kitchen, 3 compartment sink, separate double sink, huge storage area off kitchen, new cabinetry, rolling shelving, utensils, pots/pans, dishes, detached 384 sq ft block building would be easily attached to main building or utilized separately. Retail-open floor plan could accommodate many businesses. Possible conversion into a rental/duplex (would need City approval). Plenty of parking and plenty of space to expand, fenced in area along the east side of the building. Excellent visibility with room to grow-perfect canvas for many business uses! Make this business location yours & build the business of your dreams!

Date on Market:

2025-09-03

Chattanooga Retail for Sale - South

Property Subtype:

Drug Store

Date on Market:

2025-08-19

Nashville Multifamily for Sale - Rivergate/Hendersonville

The Wanderer East is a prime East Nashville asset featuring 16 fully furnished, short-term rental (STR) residential units and a commercial space in a highly walkable, rapidly growing neighborhood. With STR permits in place, professional management, and a commercial lease opportunity, this property offers stable income and upside potential. Located close to the East Bank Development, Oracle's new campus, and Nissan Stadium, it's in the middle of a burgeoning neighborhood. Investment Highlights: Rare large-scale urban STR portfolio in Nashville. Immediate income from operations, multiple value-add strategies (rate optimization, reconfiguration, tenanting). Premier location in a high-demand submarket Why Invest in The Wanderer: Strong, proven cash flow with upside, fully permitted STR units, East Nashville growth trajectory. Professional operations and management in place, sold fully furnished and turnkey.

Property Subtype:

Apartment

Date on Market:

2025-08-13

Smyrna Retail for Sale - Rutherford County

Unique former schoolhouse available for Sale in Smyrna's Downtown/Depot District. This 1920's building has a mix of period charm and modern functionality. The primary part of the existing structure features historic elements and design flourishes from its original construction era, while the addition to the rear of the property has additional square footage, including a commercial kitchen.

Property Subtype:

Restaurant

Date on Market:

2025-07-22

Ridgely Retail for Sale

Great business location in the heart of Ridgley! Make this previous bank location your new office or retail location! Great investment opportunity!

Property Subtype:

Bank

Date on Market:

2025-07-08

Memphis Office for Sale - Midtown

2,500 SF office, showroom, and retail space Prime corner location in the heart of the Broad Avenue Arts District Excellent visibility in a centrally located, high-traffic area Surrounded by popular dining and entertainment options Offered for sale at $375,000

Date on Market:

2025-07-01

Hornbeak Portfolio of properties for Sale

This includes 10 parcels. The main resort office is at 256 Lakeview Dr and includes 20 motel rooms, 4BR house, 2 duplexes, 5 single wide trailers, 11 RV hookups, 2 warehouses, 1 mechanic shop, and a swimming pool. Far to much included to mention all the details here - so ask your agent for the Information Sheet from Associated Docs!

Property Subtype:

Mixed Types

Date on Market:

2025-06-30

Chattanooga Flex for Sale - North

Property Description ***Price Improvement*** Unveiling an unparalleled opportunity for Industrial Flex/Retail investor or owner user, this impressive property offers 27,816 SF of total space split between newer offices, open work spaces, and warehouse spaces. This can be converted to multiple separated units. This prime facility is strategically located in the coveted Chattanooga area and is zoned C-2. With a generous footprint, versatile layout, and a location primed for industrial or retail, this property presents an ideal canvas for prospective investors seeking a solid foothold in the thriving Chattanooga market. Property is an a corner lot with great visibility. Don't miss the chance to invest in this remarkable property at the heart of a dynamic industrial landscape. Location Description Strategically positioned on Dayton Boulevard, this property offers excellent connectivity to Chattanooga's major transportation arteries. Dayton Boulevard serves as a major commercial thoroughfare connecting to Highway 27 just 0.5 miles away, offering seamless access to regional markets. Located approximately 3-4 miles from the I-75/I-24 interchange, providing direct access to both interstate corridors. The property sits roughly 8-10 miles northwest of downtown Chattanooga's central business district and approximately 6-7 miles from the Northshore business corridor. The location benefits from high visibility and traffic counts while maintaining proximity to both industrial zones and retail centers throughout the greater Chattanooga metropolitan area.

Date on Market:

2025-06-13

Copperhill Retail for Sale

This diverse business venture at [Property Name] on a major highway offers a 38,623 sq ft of heated & cooled warehouse, retail & office space on nearly 5 acres with a profitable fireworks business and multiple rental incomes. The warehouse includes retail space, loading ramps, and ample parking with considerable expansion possibilities. Also included is income from hardware store lease, a rental cottage, and a cabin, each providing steady annual income. Most of the building (previously used for the owners personal military equipment collection) is being cleared out to provide room to expand the space available for additional business use or lease. Total square footage is as follows: Current Retail Space = 12,572 sf * Hardware Store = 4,232sf * Fireworks Retail Store = 8,340sf Current Warehouse Space = 24,667 sf * 7,667 sf is being used for storage * 17,000 sf is being cleared out for future use or lease Rental Cabin or Office: 864 sf Rental Cottage or Office: 520 sf Total heated and cooled square footage: 38,623 sf Additional Covered Outdoor Storage Space: 3,296 Almost an acre of paved parking. Additional Unused Land For Building Expansion Included with Sale. Don't miss out on this turnkey investment at [Address] near major metropolitan areas with easy access to resort destinations in McCaysville, Blue Ridge, GA, as well as Knoxville & Chattanooga, TN.

Property Subtype:

Freestanding

Date on Market:

2025-06-06

Pulaski Portfolio of properties for Sale

Prime investment opportunity. Sale includes 2 parcels totaling over 17,400 sq.ft. All buildings have been completely renovated from 2020-2024. Many possibilities including: Vintage Auto Dealership, Brew Pub/Distillery, Music/Event Venue, Machine Shop & more. Live & work all in one location! Located in Historic Pulaski. Home of UT Southern.

Property Subtype:

Mixed Types

Date on Market:

2025-03-23

Mt Juliet Retail for Sale - Wilson County

High-Visibility Retail Corridor: Situated at 101 E Sunset Drive, the property benefits from exceptional visibility along N Mount Juliet Road, which sees over 24,627 vehicles per day (AADT). The site is surrounded by in-demand national retailers and popular local attractions. Absolute NNN Lease: The tenant is responsible for all property-related expenses, including taxes, insurance, and maintenance—offering a truly passive, hands-off investment. Long-Term Lease with Built-In Growth: The 15-year initial lease term includes 10% rent increases every five years, ensuring reliable income growth and increased NOI over time. Demographic Strength: Located within a 5-mile radius of more than 80,000 residents with an average household income exceeding $129,000, the site is ideally positioned to serve a strong, affluent customer base. New Construction: Slated for completion in 2025, the 950 SF building will feature modern, efficient construction tailored to Dutch Bros’ operational standards. Retail Synergy: Surrounded by major anchors such as Walmart, Kroger, Target, and Publix, along with nearby schools and medical centers—driving consistent foot traffic and consumer demand.

Property Subtype:

Fast Food

Date on Market:

2025-05-14

Parsons Retail for Sale

SWEET T’S FAMILY RESTAURANT on 3.4 ACRES! Nestled on a sprawling & flat 3.4 acre tract of land along busy U.S. 641 HWY, this commercial property lies in the heart of the small southern town’s industrially zoned city of Parsons! Only 11 miles to Interstate 40 exit 126 between Memphis & Nashville, the site brings in folks traveling the major highway which runs from TN to KY, as well as locals & families visiting the many TN River rural resorts that span the county North to South! Upon entry, the Old Fashioned Southern Charm & extreme Cleanliness & Friendliness of this homestyle restaurant will impress you! The modern equipment and up to date Toast point of sale system will definitely surprise you and is what makes this restaurant such an appealing investment! The restaurant boasts new flooring, counters, shelving, paint, beautiful refurbished exterior western cedar siding, new security cameras & network systems, new equipment-2 fryers, exhaust hood fan, HVAC, tankless water heater, 2 freezers, 2 refrigerator/freezer combos, refrigerated prep station, warming/proofing oven, sonic-like ice nugget maker, drink cooler, lava stone char-broiler grill, oven/stove/griddle, large concrete pad in front for outdoor seating/parking, plumbing upgrades, all seating, dishes, silverware etc. 3 additional outbuildings provide plenty of storage space. 410’ feet of road frontage and 2 entrances from HWY 641 and with approximately only 1/3 of the acreage being utilized, there is room to expand with additional businesses at this location. Locally sourcing their meats, poultry, eggs, the business provides quality food, a different plate special daily, with homemade & divine southern desserts. Truly a Southerner’s favorite, come in and pull up a counter stool or grab a comfortable seat at one of the ample tables. Your gonna love this investment opportunity!

Property Subtype:

Storefront

Date on Market:

2025-05-08

Nunnelly Retail for Sale - Hickman County

Fully operational gas station and country store available for sale. Price includes real estate; inventory available at additional cost.

Date on Market:

2025-05-06

Centerville Retail for Sale - Hickman County

The 30 year successful, profitable & beloved Homestead restaurant (serving 3 meals a day) is located at a corner lot on the busy Highway 100, an east-west connector through Middle Tennessee. It is located just east of Centerville, one of many towns west of Nashville that are becoming bedroom communities, with surrounding land values expected to continue to appreciate. The 6.7 acre property is being sold with the real estate, three buildings, and the business. Contact Jim Shaub at TN Bus Brokers/Fridrich&Clark (615-988-0518) www.jimshaub.com, to obtain an NDA Agreement in order to receive the financial & operating information for the business. Owner is retiring and will not sell the land and restaurant business separately. This property & location are primed for additional development including a possible retail center and mini-storage warehouse. The owner sold a corner of the property to Dollar General, who built a DG Market several years ago. A new bank has opened across the street.

Property Subtype:

Restaurant

Date on Market:

2025-05-02

Memphis Retail for Sale - Airport

Furniture, Fixtures, and Equipment in space are included.

Property Subtype:

Restaurant

Date on Market:

2024-04-29

Woodbury Retail for Sale - Cannon County

Prime Commercial Property with 24,048 -+ square feet on .44 acres. Four parcels offered as a whole.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-04-21

Calhoun Retail for Sale

A fantastic opportunity to own a versatile commercial property in a rapidly growing area. This former Hardee's restaurant building offers approximately 3,910 square feet of space, perfect for launching your next business venture. Situated along the highly visible Highway 11 corridor, and nestled between the charm of small-town living and the convenience of nearby cities, Calhoun and Charleston, TN this property is ideally positioned to attract steady traffic from locals and travelers alike. The building retains some of its kitchen equipment and fixtures, providing an excellent starting point for a restaurant, café, or other culinary endeavor. Alternatively, with its adaptable layout and prime location, the space could be reimagined for retail, office use, or another commercial purpose. Businesses in the area benefit from a supportive local economy, with proximity to major routes connecting Cleveland, Athens, and Chattanooga. Whether you're looking to expand an existing business or start something new, this property in Calhoun is brimming with potential. Don't miss the chance to establish your presence in this vibrant and growing region. Contact us today to explore the possibilities at 5119 Highway 11 S!

Property Subtype:

Fast Food

Date on Market:

2025-04-04

Smithville Retail for Sale

Turnkey Restaurant + Retail Opportunity | 4,000 SQFT | Prime Location with Growth Potential Unlock the full potential of this established and beloved business! Cheryl’s Beau Bee’s is a well-known destination for authentic soul food and warm hospitality — and it’s more than just a restaurant. This 4,000 SQFT commercial property offers a dual-income opportunity with both a fully operational restaurant and a charming retail space that specializes in designing unique, custom gift items. This is a rare chance to take over a business with strong local roots, a loyal customer base, and room to grow both in culinary and creative retail ventures. Property Highlights: 4,000 SQFT freestanding commercial building Thriving restaurant with full kitchen, walk-in cooler/freezer, fryers, grills, and prep stations Spacious dining area with stage – perfect for events or live music Established retail boutique offering custom gifts and creative merchandise Strong branding and online presence Excellent location with great visibility, access, and parking Catering and private event revenue streams Turnkey with all FF&E included (full equipment list available) Whether you're a chef, entrepreneur, or investor, this is a fully packaged opportunity with everything in place — great food, a unique retail component, and a space that invites expansion. Financials available upon request with signed NDA. Showings by appointment only.

Property Subtype:

Restaurant

Date on Market:

2025-03-26

Hurricane Mills Retail for Sale

Turn-Key Free-Standing Restaurant – Prime I-40 Interchange Location in Hurricane Mills, TN Address: 15731 TN-13 S, Hurricane Mills, TN A rare opportunity to acquire a fully operational, free-standing restaurant located at one of Hurricane Mills’ most active commercial corridors. Positioned less than half a mile from I-40, this turn-key property offers exceptional visibility, steady traffic, and immediate access to major national brands. Property Highlights Prime TN-13 Frontage with excellent visibility and easy ingress/egress Fully Equipped Commercial Kitchen with all major fixtures and equipment included Spacious Dining Area designed to accommodate high-volume dine-in service Flexible Layout suitable for fast-casual, dine-in, buffet, or specialty concepts Ample On-Site Parking for customers, staff, and delivery vehicles High-Traffic Location drawing both local residents and interstate travelers Surrounded by National Brands (0.5 Miles) McDonald’s Dollar General Pilot Travel Center (Truck Stop) Shell & Marathon Fuel Stations Holiday Inn Express, Days Inn, Quality Inn, Scottish Inns This cluster of hotels, fuel stations, and national retailers creates consistent daily traffic, making the site ideal for an owner-operator or investor seeking a ready-to-operate restaurant in a proven commercial node. Opportunity Step directly into a functioning restaurant with minimal downtime. Perfect for operators looking to expand, relocate, or launch a new concept in a high-demand area. For more information or to schedule a private viewing, contact Alex at 917-408-3707.

Property Subtype:

Restaurant

Date on Market:

2025-03-17

Memphis Retail for Sale - North

Property Subtype:

Convenience

Date on Market:

2025-03-15

Castalian Springs Industrial for Sale - Trousdale County

NEW PHOTOS COMING SOON! Owners retiring. Truly Tennessee history! Historic Castalian Springs, it rests sprawling Old Hickory Lake and the Cumberland River. This buyer’s opportunity! Uniquely designed building offering flexible space. Retail, shopping, food or event venue rental – warehouse space. Covered parking/outdoor seating. Bring your designs and imagination. This famous location is located at the crossroads of Hwy 25 and Hwy 231. Fenced farm setting: rolling property. 394 feet of road frontage, gated entrance, room to expand parking, delivery access. Sixteen minutes to downtown Lebanon/Gallatin, 45 minutes to BNA airport.

Property Subtype:

Showroom

Date on Market:

2025-03-12

McMinnville Retail for Sale

Potential for small commercial user as a hair/nail/tanning salon, notary office, psychological or counseling services and more with rental income from ancillary buildings.  Building#1 Currently occupied as a hair salon by owner Building #2 Residence leased out with a separate apartment upstairs that is currently vacant to be leased out. Building #3 Detached garage/shop/storage

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-03-11