Dunkin' NNN Drive-Through
For Sale
Contact for pricing
8984 US-64, Lakeland, TN 38002
Fee-simple land and building operate under an absolute NNN lease with a drive-through component.
Property SizeContact for details
Days on Market145
Property Features for 8984 US-64
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:11PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The offering includes the fee-simple land and building occupied by a Dunkin' Donuts restaurant with drive-through service. The absolute NNN lease is personally guaranteed, provides approximately 9.5 years remaining, and includes 2 (5-year) extension options. Contractual rent increases are set at 2% annually during the initial term and option periods, with zero landlord responsibilities identified.
The property fronts U.S. Highway 64 in Lakeland, TN, where traffic is reported at 47,900 VPD. Interstate 40 is approximately one-half mile away and carries 53,500 VPD, providing access to nearby on-and-off ramps. Sprouts Farmers Market is nearby, while the property sits across from a Kroger-anchored center. Wolfchase Galleria Mall is less than 2 miles away and contains 1,267,000 SF of retail space.
The surrounding 5-mile trade area includes over 127,000 residents and 56,500 employees. Within 3 miles, average household income exceeds $94,000. Nearby national and credit tenants include LA Fitness, Walmart Supercenter, Sam's Club, Target, Hobby Lobby, Lowe's Home Improvement, Bed Bath & Beyond, Best Buy, and The Home Depot.
The property fronts U.S. Highway 64 in Lakeland, TN, where traffic is reported at 47,900 VPD. Interstate 40 is approximately one-half mile away and carries 53,500 VPD, providing access to nearby on-and-off ramps. Sprouts Farmers Market is nearby, while the property sits across from a Kroger-anchored center. Wolfchase Galleria Mall is less than 2 miles away and contains 1,267,000 SF of retail space.
The surrounding 5-mile trade area includes over 127,000 residents and 56,500 employees. Within 3 miles, average household income exceeds $94,000. Nearby national and credit tenants include LA Fitness, Walmart Supercenter, Sam's Club, Target, Hobby Lobby, Lowe's Home Improvement, Bed Bath & Beyond, Best Buy, and The Home Depot.
Key Highlights
- Absolute NNN lease with personally guaranteed obligations and zero landlord responsibilities
- Approximately 9.5 years remaining plus 2 (5‑year) extension options
- 2% annual rental increases during the initial term and option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
200k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Shops & Services 28%
Dining 27%
Home Improvements & Furnishings 6%
Kroger
Groceries
55,065 visits/mo
0.2 miles
Sprouts Farmers Market
Groceries
16,868 visits/mo
0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
13,725 visits/mo
0.1 miles
Circle K
Shops & Services
13,638 visits/mo
0.2 miles
Starbucks
Dining
13,607 visits/mo
0.0 miles
Demographics for 38002, TN
44,385
Population
15,448
Households
2.9
Avg Household Size
38
Median Age
47%
College-Educated
97%
High-School Grad
116.3 sq mi
ZIP Area
382
Density / Sq Mi
$115,478
Median Household Income
$56,917
Median Earnings
$1,695
Median Rent
$363,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple land and building operate under an absolute NNN lease with a drive-through component.
Where is this nnn property located?
The property is located at 8984 US-64 Lakeland, TN.
What are key features of this property?
This property features: Absolute NNN lease with personally guaranteed obligations and zero landlord responsibilities; Approximately 9.5 years remaining plus 2 (5‑year) extension options; 2% annual rental increases during the initial term and option periods
