Freestanding Single-Tenant Retail
1105 INTERSTATE DR Cookeville, TN 38501
1105 INTERSTATE DR, Cookeville, TN, 38501
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For Sale
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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 Market56
Property Features for 1105 INTERSTATE DR
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Lot size
- 0.81 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agency
Robbins Properties
(615) 301-6570
Listed by
Sam Robbins · License #376982
Source
Crexi
Added: May 27 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 9:22AM
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
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
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Starbucks — 1105 Interstate Dr, Cookeville, TN 38501
- Longhorn Coffee Bar Cookeville Tn — 801 S Jefferson Ave, Cookeville, TN 38501
- 7 Brew Coffee — 1200 Interstate Dr, Cookeville, TN 38501
FAQs
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
