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2540 Memorial Blvd
Springfield, TN 37172
Dairy Queen · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,032 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.92 AC
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
169’ on Memorial Blvd

ABOUT 2540 MEMORIAL BLVD , SPRINGFIELD, TN 37172

Marcus & Millichap is pleased to present for sale this Dairy Queen in Springfield, Tennessee just north of Nashville. Dairy Queen recently signed a 10 year absolute NNN lease with 10 percent increases in rent every five years and three (five year) option periods to extend. The property is located on Highway 11 (Memorial Blvd) with traffic counts exceeding 26,000 vehicles per day and sits as an outparcel to a Kroger anchored center. Retailers in the immediate vicinity include Kroger, AT&T, Walgreens, McDonalds, Tractor Supply, Burger King, Hardee’s, KFC, Little Caesars, Arby’s, and numerous others. Springfield is a city in Robertson County, Tennessee, just north of Nashville. The area has seen sustained growth and demand has continued to remain elevated. As a result of strong demographic and market fundamentals, construction, especially as part of larger mixed-use developments, has picked back up as retailers continue to be drawn here.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
091E-A-006.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$410,880
  • Listing ID: 16502667

  • Date on Market: 7/2/2019

  • Last Updated:

  • Address: 2540 Memorial Blvd, Springfield, TN 37172

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