Drive-Through NNN
For Lease
$3,029,618 NNN
3495 Austin Peay Highway, Memphis, TN 38128
Newly built Dutch Bros. Coffee location with an absolute NNN lease and scheduled rent increases.
Space SizeContact for details
Days on Market25
Property Features for 3495 Austin Peay Highway
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$166,629
Site & Location
Drive-Thru
Yes
Traffic Count
36,990 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Drive-Through Restaurant
Building Details
Year Built
2026
Listing Agency:
Bang Realty
(734) 755-6359
Listed By:
Bryan Bender · License #BR691523000
(734) 755-6359
Source:
Fortisnetlease
Added: Aug 8
Changed: Aug 31
Last Checked: Aug 31 at 2:01PM
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 Bang Realty
Investment Insights
Based on property information with market context.
This 1,025-square-foot Dutch Bros. Coffee location was built in 2026 and opened for business in June 2026. The offering includes a 15-year absolute NNN lease, with 10% rent increases every 5 years and three additional 5-year renewal options carrying the same increase. A corporate guaranty is included, with no landlord responsibilities under the lease structure.
The property is located at 3495 Austin Peay Highway in Memphis, Tennessee, just off Austin Peay Highway and along a main retail thoroughfare. The site sees 36,990 VPD and is surrounded by homes and new development. The 5-mile population is 152,710, while average household income within 1 mile is $78,520. Five-mile consumer spending is reported at $1.4 billion.
The property is located at 3495 Austin Peay Highway in Memphis, Tennessee, just off Austin Peay Highway and along a main retail thoroughfare. The site sees 36,990 VPD and is surrounded by homes and new development. The 5-mile population is 152,710, while average household income within 1 mile is $78,520. Five-mile consumer spending is reported at $1.4 billion.
Key Highlights
- 1,025‑square‑foot Dutch Bros. Coffee location built in 2026
- 15‑year absolute NNN lease with zero landlord responsibility
- 10% rent increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
36,990 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
220k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 22%
Groceries 4%
Apparel 4%
Chick-fil-A
Dining
40,476 visits/mo
0.3 miles
McDonald's
Dining
33,030 visits/mo
0.2 miles
dd's DISCOUNTS
Shops & Services
22,765 visits/mo
0.4 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
19,453 visits/mo
0.3 miles
Starbucks
Dining
16,025 visits/mo
0.2 miles
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Newly built Dutch Bros. Coffee location with an absolute NNN lease and scheduled rent increases.
Where is this nnn property located?
The property is located at 3495 Austin Peay Highway Memphis, TN.
What is the lease rate?
The lease rate is $3,029,618.
What are key features of this property?
This property features: 1,025‑square‑foot Dutch Bros. Coffee location built in 2026; 15‑year absolute NNN lease with zero landlord responsibility; 10% rent increases every 5 years
