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Net-Leased Coffee Drive-Thru
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1502 W Main St, Lebanon, TN 37087

Single-tenant net leased Starbucks asset with a dual-lane drive-thru and corporate guarantee from Starbucks, Inc.

Property Size2,540 SF
Lot Size1.78 Acres
Price / SF$1,266
Days on Market283

Property Features for 1502 W Main St

General Information

Standard status Active
Size 2,540 SF
Lot size 1.78 Acres
Property subtype RETAIL

Site & Location

Traffic Count 27,800 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2025
Tenancy Single
Listing Agency: Colliers
Listed By: Adam Friedlander
Source: Moodyscre
Added: Dec 3, 2025 Changed: Sep 5 Last Checked: Sep 11 at 5:03AM

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 Colliers

Investment Insights

Based on property information with market context.

This single-tenant net leased retail property is anchored by Starbucks and offered with a corporate guarantee from Starbucks, Inc. (NYSE: SBUX). The building is described as brand new 2025 construction, featuring a state-of-the-art building prototype and a 20-year roof warranty. Operationally, the site includes a dual-lane drive-thru and is situated on a 1.775-acre parcel.

The property is located at 1502 W Main St in Lebanon, Tennessee, on TN-24 (Main Street) with 27,800+ VPD. The site also provides cross-access via an agreement with a Dollar Tree parcel next door.

As provided in the materials, Starbucks is associated with an investment-grade credit rating (S&P BBB+; Moody’s Baa1) and represents a large operating footprint across multiple markets.

Key Highlights

  • Single‑tenant net leased Starbucks retail asset with corporate guarantee from Starbucks, Inc. (NYSE: SBUX).
  • Dual‑lane drive‑thru and state‑of‑the‑art building prototype.
  • Brand new 2025 construction with a 20‑year roof warranty.

Property Analytics

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Current Use

Dairy Queen Grill ... Restaurant

Suggested Use

Top Pick Law Firm Building Supply Garden Center Real Estate Agency Grocery & Convenience Store Food Market

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

27,800 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
358k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 33% Dining 27% Groceries 15% Apparel 14%
Kroger Groceries
52,788 visits/mo 0.4 miles
Five Below Shops & Services
29,760 visits/mo 0.3 miles
Marshalls Apparel
25,922 visits/mo 0.3 miles
McDonald's Dining
25,469 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
23,930 visits/mo 0.2 miles

Demographics for 37087, TN

51,658
Population
21,800
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
164.9 sq mi
ZIP Area
313
Density / Sq Mi
$80,978
Median Household Income
$43,253
Median Earnings
$1,134
Median Rent
$359,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Similar Off Market Nearby

  • Starbucks 1418 W Main St, Lebanon, TN 37087
  • Delicias La Michoacana 1315 W Main St Suit C, Lebanon, TN 37087
  • The Essential Juicery 1645 W Main St St. #2, Lebanon, TN 37087

Frequently Asked Questions

What type of property is this?
Coffee shop - Single-tenant net leased Starbucks asset with a dual-lane drive-thru and corporate guarantee from Starbucks, Inc.
Where is this coffee shop located?
The property is located at 1502 W Main St Lebanon, TN.
What is the asking price?
The asking price for this property is $3,217,391.
What are key features of this property?
This property features: Single‑tenant net leased Starbucks retail asset with corporate guarantee from Starbucks, Inc. (NYSE: SBUX).; Dual‑lane drive‑thru and state‑of‑the‑art building prototype.; Brand new 2025 construction with a 20‑year roof warranty.
(310) 766-5205 Call to check price and availability
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