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Single-Tenant NNN Retail Property
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7275 Highway 64, Oakland, TN 38060

Freestanding retail building occupied under an absolute NNN lease with signalized access and dedicated parking.

Property Size1,848 SF
Price / SF$974.03
Days on Market13

Property Features for 7275 Highway 64

General Information

Standard status Active
Size 1,848 SF
Total Parking Spaces 19
Property subtype Retail, Office
Occupancy 100%
Net Operating Income $132,512

Site & Location

Anchor Co-Tenants Kroger
Highway Access Yes
Road Access Yes

Building Details

Year Built 2007
Buildings 1
Tenancy Single
Listing Agency: Fisher Realty & Auction
Listed By: Eric Robertson · License #370775
Source: Crexi
Added: Jul 30 Changed: Aug 9 Last Checked: Aug 10 at 1:56PM

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 Fisher Realty & Auction

Investment Insights

Based on property information with market context.

This 1,848-square-foot freestanding retail building, constructed in 2007, is fully leased to Harpeth Financial Services, LLC, doing business as Advance Financial. The property is subject to an absolute NNN lease with approximately 7.8 years remaining in the primary term, 2.0% annual contractual rent increases, a corporate guaranty, and two five-year renewal options.

Positioned on a Kroger outparcel along U.S. Highway 64 in Oakland, Tennessee, the property offers signalized access and dedicated parking within an established grocery-anchored retail corridor. Its location serves Oakland and the eastern Memphis metropolitan area.

Key Highlights

  • 1,848‑square‑foot freestanding retail building constructed in 2007
  • 100% leased to Harpeth Financial Services, LLC d/b/a Advance Financial
  • Absolute NNN lease with approximately 7.8 years remaining in the primary term

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Storage Facility Gym & Fitness Center Garden Center

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 38060, TN

11,649
Population
5,124
Households
2.3
Avg Household Size
44
Median Age
29%
College-Educated
93%
High-School Grad
44.9 sq mi
ZIP Area
259
Density / Sq Mi
$84,277
Median Household Income
$48,081
Median Earnings
$1,478
Median Rent
$293,500
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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail building occupied under an absolute NNN lease with signalized access and dedicated parking.
Where is this nnn property located?
The property is located at 7275 Highway 64 Oakland, TN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1,848‑square‑foot freestanding retail building constructed in 2007; 100% leased to Harpeth Financial Services, LLC d/b/a Advance Financial; Absolute NNN lease with approximately 7.8 years remaining in the primary term
More about this property
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