366 Sam Ridley Pkwy W

This Scooters Coffee property represents a prime investment opportunity with over seven years remaining on the primary lease term and a scheduled 10% rent increase in December 2027. The absolute NNN ground lease requires zero landlord responsibilities and is supported by a personal guarantee from the franchisee. Completed in 2023, the brand-new construction is located in Smyrna, Tennessee—an income tax-free state—positioned along Sam Ridley Parkway, a high-traffic corridor with more than 32,800 vehicles passing daily. The property is surrounded by a dense population base of over 113,000 residents within five miles, with the three-mile population having grown 14.57% since 2020 and projected to increase another 8.86% through 2029. The area boasts strong demographics, with average household income exceeding $89,000 within five miles, supporting long-term retail demand. Surrounded by major national retailers such as Lowe’s, The Home Depot, Chick-fil-A, Raising Cane’s, Publix, Kroger, Starbucks, Walgreens, Dunkin, Taco Bell, Bank of America, and Hobby Lobby, the site benefits from excellent retail synergy and a strong consumer draw.