This property has sold.

Details: Retail

Asking Price: $1,844,000

Square Feet: 4,000 SF

Asking Cap Rate: 5.125%

Year Built: 2020

Lease Structure: Absolute NNN

SOLD – Starbucks – Chattanooga

701 Signal Mountain Rd, Signal Mountain, TN 37405


  • Investment Grade Tenant
  • New construction
  • Starbucks Credit Rating: Baa1 by Moody’s
  • No Termination Clause
  • 4, Five Year Options
  • 10% rental increases in each option
  • NN Lease
  • Landlord Responsible for roof and structure
  • Starbucks is the world’s largest coffee shop chain


  • The property is located at the base of Signal Mountain, TN
  • Strategically located: Outflanks competition as the first coffee shop passed when traveling off Signal Mountain into Chattanooga
  • Located on the AM side of the road
  • Signalized intersection
  • Outparcel to 100% occupied Food City anchored shopping center owned by Food City
  • Strong Demographics in Signal Mountain, TN:
  • Median Household Income: $130,997 
  • Strong Traffic Counts:
  • Signal Mountain Rd: 22,406 cars daily
  • Mountain Creek Rd: 13,804 cars daily

This property has sold.