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New Starbucks | 10-Yr Net Lease 747 N Main St 2,443 SF Retail Building Shelbyville, TN 37160 $2,966,666 ($1,214.35/SF) 6% Cap Rate
Investment Highlights
- Brand New 10-Year Net Lease
- New Construction | Build-to-Suit Starbucks Opened February 23, 2026
- 25 miles south of Murfreesboro, one of the fastest-growing cities in the U.S. | 50 miles south of Nashville
- Corporate lease guaranteed by Starbucks (S&P: BBB+)
- Strong Visibility & Regional Connectivity | Located on US- 231 (21,200 VPD) near US-41A (23,000 VPD)
Executive Summary
New 10-Year Single-Tenant, Net Lease Opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,443 SF
Building Class
C
Year Built
1940
Price
$2,966,666
Price Per SF
$1,214.35
Cap Rate
6%
NOI
$178,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.89 AC
Amenities
- Security System
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
- -
Starbucks Corporation began in 1971 as a coffee bean retailer in Seattle's Pike Place Market. The company transformed into a coffeehouse under Howard Schultz's leadership in the 1980s. Starbucks expanded internationally in the 1990s, establishing a worldwide presence with company-operated stores and licensed locations. The business serves coffee beverages, teas, and various food items while operating through multiple segments including retail operations and product licensing. Starbucks maintains a significant global footprint in the coffee retail industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 078P-D-009.00 | Improvements Assessment | $10,125 |
| Land Assessment | $38,650 | Total Assessment | $48,775 |
Property Taxes
Parcel Number
078P-D-009.00
Land Assessment
$38,650
Improvements Assessment
$10,125
Total Assessment
$48,775
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New Starbucks | 10-Yr Net Lease | 747 N Main St
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