New Whataburger Ground Lease
For Sale
$2,400,000
35 Mooreland Drive, Springfield, TN 37172
New 3,305 SF Whataburger on 1.32 acres, 15-year NNN lease.
Property Size3,323 SF
Lot Size1.32 Acres
Price / SF$722.24
Days on Market208
Property Features for 35 Mooreland Drive
General Information
Standard status
Active
Size
3,323 SF
Class
C
Lot size
1.32 Acres
Property subtype
Retail
Building Details
Building Size
3,323 SF
Year Built
2024
Listing Agency:
Southeast Venture / CORFAC International
(615) 743-9387
Listed By:
Jon Petty
Source:
Corfac
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 22 at 4:06AM
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 Southeast Venture / CORFAC International
Investment Insights
Based on property information with market context.
This property features a newly constructed 3,305 square foot drive-thru quick-service restaurant building on a 1.32-acre site, completed in 2024. It is 100% leased to Whataburger under a 15-year NNN ground lease with three five-year renewal options. The location benefits from high visibility on Memorial Blvd/US Hwy 41, with approximately 25,000 vehicles per day, and direct access at a signalized intersection. The property is positioned in Springfield, Tennessee, a rapidly growing Nashville suburb experiencing strong residential and retail growth. Springfield is located 30 minutes north of Nashville and is the county seat of Robertson County. The area is attracting new residents, employers, and national retailers due to its strong demographics, expanding infrastructure, and business-friendly environment. The property is suitable for drive-through restaurants, restaurants, NNN properties, and specialty properties.
Key Highlights
- 15‑year NNN ground lease with Whataburger.
- Newly built (2024) 3,305 SF drive‑thru QSR building on 1.32 acres.
- Prime frontage on Memorial Blvd/US Hwy 41 with high visibility and ±25,000 vehicles per day.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
314k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 17%
Apparel 13%
Home Improvements & Furnishings 8%
McDonald's
Dining
25,075 visits/mo
0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
16,771 visits/mo
0.4 miles
Big Lots
Superstores
16,534 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
16,072 visits/mo
0.2 miles
SONIC Drive In
Dining
14,542 visits/mo
0.3 miles
Demographics for 37172, TN
31,851
Population
12,253
Households
2.6
Avg Household Size
39
Median Age
19%
College-Educated
86%
High-School Grad
179.8 sq mi
ZIP Area
177
Density / Sq Mi
$71,103
Median Household Income
$40,879
Median Earnings
$1,132
Median Rent
$282,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - New 3,305 SF Whataburger on 1.32 acres, 15-year NNN lease.
Where is this drive through restaurant located?
The property is located at 35 Mooreland Drive Springfield, TN.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 15‑year NNN ground lease with Whataburger.; Newly built (2024) 3,305 SF drive‑thru QSR building on 1.32 acres.; Prime frontage on Memorial Blvd/US Hwy 41 with high visibility and ±25,000 vehicles per day.
