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Smyrna TN Scooters Coffee Investment
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366 Sam Ridley Pkwy W, Smyrna, TN 37167

New 2023 construction Scooters Coffee with long-term lease.

Property Size655 SF
Price / SF$1,826
Days on Market149

Property Features for 366 Sam Ridley Pkwy W

General Information

Standard status Active
Size 655 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $70,000

Building Details

Year Built 2023
Year Renovated 2023
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Aug 8 at 2:37PM

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 Anchor Point Capital

Investment Insights

Based on property information with market context.

This commercial real estate offering features a Scooters Coffee property with over 6 years remaining on the primary lease term. A 10% rent increase is scheduled for March 2027. Constructed in 2023, this absolute NNN ground lease requires zero landlord responsibilities. The lease includes a personal guarantee from the franchisee. Situated in Smyrna, TN, the property benefits from a high-traffic location along Sam Ridley Parkway, with over 32,800 vehicles per day. The surrounding area is affluent, with an average household income exceeding $89,150 within a 5-mile radius. The location is densely populated, with over 113,000 residents within 5 miles. The 3-mile population has grown by 14.57% since 2020 and is projected to continue growing at 8.76% through 2029. Nearby national retailers include Lowes, Home Depot, Chick-Fil-A, Raising Cane’s, Publix, Kroger, Starbucks, Walgreens, Dunkin, Taco Bell, Bank of America, and Hobby Lobby. The property size is 655 square feet.

Key Highlights

  • Absolute NNN Ground Lease; Zero Landlord Responsibilities
  • Brand New 2023 Construction
  • High Traffic Corridor; Over 32,800 Vehicles per Day

Property Analytics

Current Use

Scooter's Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

754
Businesses Nearby
556k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 25% Apparel 18% Groceries 7%
Chick-fil-A Dining
52,187 visits/mo 0.2 miles
Academy Sports + Outdoors Apparel
51,097 visits/mo 0.3 miles
T.J. Maxx Apparel
50,616 visits/mo 0.2 miles
Publix Groceries
39,274 visits/mo 0.5 miles
Raising Cane's Chicken Fingers Dining
39,248 visits/mo 0.2 miles

Demographics for 37167, TN

61,731
Population
23,694
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
55.0 sq mi
ZIP Area
1,122
Density / Sq Mi
$79,720
Median Household Income
$42,705
Median Earnings
$1,359
Median Rent
$330,600
Median Home Value

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

  • Moose Creek Roasting Company 433 Sam Ridley Pkwy W #227, Smyrna, TN 37167
  • Golden bowl Mongolian grill 900 Grammer Ln #100, Smyrna, TN 37167
  • Dutch Bros Coffee 344 Sam Ridley Pkwy W, Smyrna, TN 37167
  • Starbucks 620 Sam Ridley Pkwy W, Smyrna, TN 37167
  • Jamba 434 Sam Ridley Pkwy W West, Smyrna, TN 37167

Frequently Asked Questions

What type of property is this?
Coffee shop - New 2023 construction Scooters Coffee with long-term lease.
Where is this coffee shop located?
The property is located at 366 Sam Ridley Pkwy W Smyrna, TN.
What is the asking price?
The asking price for this property is $1,196,581.
What are key features of this property?
This property features: Absolute NNN Ground Lease; Zero Landlord Responsibilities; Brand New 2023 Construction; High Traffic Corridor; Over 32,800 Vehicles per Day
More about this property
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