Freestanding Single-Tenant Retail
For Sale
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1105 INTERSTATE DR, Cookeville, TN 38501
Freestanding Starbucks net lease with term through April 30, 2031 and multiple renewal options.
Property Size1,872 SF
Lot Size0.81 Acres
Price / SF$1,067
Days on Market102
Property Features for 1105 INTERSTATE DR
General Information
Standard status
Active
Size
1,872 SF
Total Parking Spaces
24
Lot size
0.81 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Stabilized
Net Operating Income
$122,252
Site & Location
Traffic Count
23,410 vehicles/day
Highway Access
Yes
Building Details
Year Built
2006
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Robbins Properties Nashville
Listed By:
Mark Robbins · License #KY 198382
(615) 301-6570
Source:
Crexi
Added: May 27
Changed: Aug 14
Last Checked: Sep 1 at 12:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robbins Properties Nashville
Investment Insights
Based on property information with market context.
Starbucks at 1105 Interstate Dr in Cookeville, TN is a freestanding, single-tenant retail property offered on a net lease basis. The site totals approximately 1,872 SF and is set on 0.81 acres with 24 on-site parking spaces, designed to support direct customer access and convenient daily operations. The property is leased to Starbucks, with occupancy in place through April 30, 2031.
The asset is positioned along Interstate Drive near I-40 and benefits from visibility to approximately 12,909 VPD on Interstate Drive and approximately 23,410 VPD on S Jefferson Ave. The surrounding commercial area includes major national retailers such as Walmart, Lowe’s, Kroger, Publix, and Sam’s Club, along with hotels and restaurants.
For investors seeking a stabilized, corporate-guaranteed retail stream, this offering provides a long lease term and defined extension mechanics. The lease includes three 5-year renewal options, with scheduled rent increases of 10% every 5 years during the option periods and every 6 years during the base term. The property’s single-tenant structure simplifies oversight while maintaining a durable tenant footprint in a regional retail corridor.
The asset is positioned along Interstate Drive near I-40 and benefits from visibility to approximately 12,909 VPD on Interstate Drive and approximately 23,410 VPD on S Jefferson Ave. The surrounding commercial area includes major national retailers such as Walmart, Lowe’s, Kroger, Publix, and Sam’s Club, along with hotels and restaurants.
For investors seeking a stabilized, corporate-guaranteed retail stream, this offering provides a long lease term and defined extension mechanics. The lease includes three 5-year renewal options, with scheduled rent increases of 10% every 5 years during the option periods and every 6 years during the base term. The property’s single-tenant structure simplifies oversight while maintaining a durable tenant footprint in a regional retail corridor.
Key Highlights
- 1,850 SF freestanding single‑tenant Starbucks on 0.81 acres in Cookeville, TN
- Leased to Starbucks through April 30, 2031 with three 5‑year renewal options
- 10% rent increases scheduled every 5 years during option periods and every 6 years during the base term
Property Analytics
Property Profile
Current Use
Lease Details
23,410 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38501, TN
41,141
Population
19,158
Households
2.1
Avg Household Size
33
Median Age
31%
College-Educated
88%
High-School Grad
87.1 sq mi
ZIP Area
472
Density / Sq Mi
$50,923
Median Household Income
$30,191
Median Earnings
$856
Median Rent
$245,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- 7 Brew Coffee — 1200 Interstate Dr, Cookeville, TN 38501
- Starbucks — 1105 Interstate Dr, Cookeville, TN 38501
- Longhorn Coffee Bar Cookeville Tn — 801 S Jefferson Ave, Cookeville, TN 38501
Frequently Asked Questions
What type of property is this?
Coffee shop - Freestanding Starbucks net lease with term through April 30, 2031 and multiple renewal options.
Where is this coffee shop located?
The property is located at 1105 INTERSTATE DR Cookeville, TN.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 1,850 SF freestanding single‑tenant Starbucks on 0.81 acres in Cookeville, TN; Leased to Starbucks through April 30, 2031 with three 5‑year renewal options; 10% rent increases scheduled every 5 years during option periods and every 6 years during the base term
