Building Details

Year built 2007

Floors in Building 1

Listing Agency: Fisher Realty & Auction Show Phone

Listed By: John Eric Robertson · License #370775 Show Phone

Added: Jul 30 Changed: Sep 4 Last Checked: Sep 10 at 8:06AM

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MLS# 2603680

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,848-square-foot freestanding retail building, constructed in 2007, is fully leased to Harpeth Financial Services, LLC, doing business as Advance Financial. The lease is structured as absolute NNN with approximately 7.8 years remaining in the primary term, 2.0% annual contractual rent escalations, a corporate guaranty, and two five-year renewal options.

The property occupies 0.55 acres within a Kroger outparcel along U.S. Highway 64 in Oakland, Tennessee. Dedicated parking and signalized access support convenient customer entry, while public sewer and phone service are available. The site serves the established retail corridor extending through Oakland and the eastern Memphis metropolitan market.

Key Highlights

• Absolute NNN lease with approximately 7.8 years remaining in the primary term
• 2.0% annual contractual rent escalations and a corporate guaranty
• Two (2) five‑year renewal options

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Storage Facility Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

378

Businesses Nearby

Explore this area Business Placement

Demographics for 38060, TN

11,649

Population

5,124

Households

2.3

Avg Household Size

44

Median Age

29%

College-Educated

93%

High-School Grad

44.9 sq mi

ZIP Area

259

Density / Sq Mi

$84,277

Median Household Income

$48,081

Median Earnings

$1,478

Median Rent

$293,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Freestanding retail building with dedicated parking and signalized access in a grocery-anchored commercial corridor.

Where is this nnn property located?

The property is located at 7275 Highway 64 Oakland, TN.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Absolute NNN lease with approximately 7.8 years remaining in the primary term; 2.0% annual contractual rent escalations and a corporate guaranty; Two (2) five‑year renewal options