Restaurant
New Starbucks | Near One of the World’s Largest Military Bases
Tiny Town Rd. & Tara Blvd., Clarksville (Nashville MSA), TN 37042
Listing Price: $3,157,000
Cap Rate
5.85%
Tenant Name
Staarbucks
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,230
Lease Type
Double Net
Rent Per Square Feet
$82.81
Investment Overview
Marcus & Millichap is pleased to present the Starbucks in Clarksville, TN.
New Starbucks | Near One of the World’s Largest Military Bases
Investment Highlights
- New 10-Year Corporate Lease with No Early Termination Clause
- 8.5% Rental Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- New High-Quality Construction with a Patio and Drive-Thru
- Store is Designed to Handle High Drive-Thru Stacking/Volume
- Serving Over 116,500 Residents in One of the Fastest-Growing Cities in the U.S.
- 90,000 New Residents Projected to Live in Clarksville Over the Next 20 Years
- Over 4,000 New Residences Approved/Under Construction in Immediate Trade Area
Exclusively Listed By
Broker of Record
Financing By
Restaurant
New Starbucks | Near One of the World’s Largest Military Bases
Listing Price: $3,157,000
Cap Rate
5.85%
Tenant Name
Staarbucks
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,230
Lease Type
Double Net
Rent Per Square Feet
$82.81
Investment Highlights
- New 10-Year Corporate Lease with No Early Termination Clause
- 8.5% Rental Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- New High-Quality Construction with a Patio and Drive-Thru
- Store is Designed to Handle High Drive-Thru Stacking/Volume
- Serving Over 116,500 Residents in One of the Fastest-Growing Cities in the U.S.
- 90,000 New Residents Projected to Live in Clarksville Over the Next 20 Years
- Over 4,000 New Residences Approved/Under Construction in Immediate Trade Area
Investment Overview
Marcus & Millichap is pleased to present the Starbucks in Clarksville, TN.
Exclusively Listed By
Broker of Record
Financing By
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