2850 W Andrew Johnson Hwy Morristown, TN 37814

Listing agency Colliers - Los Angeles - Orange County, California Show Phone

Listed by Eric Carlton · License #CA 01809955

Source Crexi

Added: Apr 11 Updated: Jul 21 at 12:09PM Checked: Jul 21 at 12:09PM

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Investment Insights

Based on property information with market context.

A brand-new construction Dutch Bros Coffee drive-through is offered on an absolute NNN basis. The property includes a 990 SF building on a 0.64-acre parcel and is leased under a corporate guaranteed structure with a new 20-year base term and three 5-year option periods. The lease provides 10% rent increases every 5 years and is described as having zero landlord responsibilities.

The site is positioned on a hard corner at a signalized intersection of Andrew Johnson Hwy and Economy Road. Reported traffic counts are in excess of 45,300 VPD, and the property sits along the main retail corridor of Morristown, with nearby national retailers including Lowe’s, Rural King, Dollar General, Walgreens, McDonald’s, Chick-fil-A, Taco Bell, Bojangles, and others.

Key Highlights

• Brand‑new 990 SF Dutch Bros drive‑thru building offered on an absolute NNN basis.
• Absolute NNN lease features a 20‑year term with corporate‑guaranteed lease structure.
• Includes three 5‑year option periods (20 years in options total).

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FAQs

What type of property is this?

NNN property - Brand-new Dutch Bros drive-through is offered on an absolute NNN basis with a corporate guaranteed 20-year lease.

Where is this nnn property located?

The property is located at 2850 W Andrew Johnson Hwy Morristown, TN.

What are key features of this property?

This property features: Brand‑new 990 SF Dutch Bros drive‑thru building offered on an absolute NNN basis.; Absolute NNN lease features a 20‑year term with corporate‑guaranteed lease structure.; Includes three 5‑year option periods (20 years in options total).