870 S Jefferson Ave, Cookeville, TN 38501
Newly constructed coffee drive-through leased under an absolute NNN structure with long-term renewal options.
Property Features for 870 S Jefferson Ave
General Information
Site & Location
Building Details
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The lease is absolute NNN, placing property operating responsibilities with the tenant and limiting landlord involvement. The agreement includes a 15-year primary term, three (3) additional 5-year renewal options, and scheduled 10% rent increases every five years during the initial term and at each option commencement. Boersma Bros. LLC provides a corporate guaranty.
The site fronts South Jefferson Avenue, reporting 22,400 VPD, with direct access to Interstate 40, reporting 58,500 VPD. Nearby national retailers include Lowe’s, Raising Cane’s, and Sam’s Club, while Tennessee Technological University is approximately two miles away and has over 10,700 students. The five-mile trade area includes more than 53,700 residents and 39,100 employees.
Key Highlights
- 2025‑built Dutch Bros property with the latest prototype design and drive‑through layout
- Absolute NNN lease with landlord responsibilities assigned to the tenant
- 15‑year primary lease term plus three (3) additional 5‑year renewal options
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 38501, TN
Market
Vacancy Rate% for Retail in South region