15199 S First St Milan, TN 38358

Listing office Katz & Associates | Nashville Show Phone

Listing date May 19, 2026

Source Moodyscre

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Investment Insights

Based on property information with market context.

The property, located at 15229 South 1st Street, Milan, TN, features a building of approximately 2,293 square feet situated on a lot of approximately 0.32 acres. Constructed in 2025, the property is fully leased to Starbucks under a 10-year lease. The lease is corporately guaranteed by Starbucks Corporation. Starbucks, founded in 1985, is a leading QSR operator with over 38,000 locations worldwide. In FYE 2024, Starbucks drove over $36 billion in Revenue and $3.7 billion in Net Income.

Key Highlights

• Brand new construction completed in 2025
• Tenant is Starbucks (NASDAQ: SBUX), a leading QSR operator
• Corporate guarantee from Starbucks Corporation

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FAQs

What type of property is this?

Coffee shop - Recently constructed Starbucks with a corporate-backed 10-year lease.

Where is this coffee shop located?

The property is located at 15199 S First St Milan, TN.

What is the asking price?

The asking price for this property is $2,243,903.

What are key features of this property?

This property features: Brand new construction completed in 2025; Tenant is Starbucks (NASDAQ: SBUX), a leading QSR operator; Corporate guarantee from Starbucks Corporation