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25 West Land Way, Suite AOakland, TN 38060
Starbucks with Drive Thru | Memphis MSA
Asset ClassRetail
New 10-Year Lease | $104,000+ AHHI | Projected 14% Pop Growth by 2030
overview of deal

Overview

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).

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Investment Highlights

  • Brand new construction with drive thru
  • Prime frontage along Hwy 64 (24,000+ VPD)
  • $104,000+ AHHI within a 1-mile radius
  • High growth Memphis submarket
  • Only Starbucks within an 8-mile radius
  • 15 miles southwest of Ford's planned $5.6B BlueOval City

 

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25 West Land Way, Suite AOakland, TN 38060

Contact Us

Adam BirnbreyManaging Director of Investment Sales(404) 934-5558adam.birnbrey@tscg.com
Neal PringleSenior Managing Director of Investment Sales(678) 230-7188neal.pringle@tscg.com
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