Matthews Logo

Navigation Menu

3375 Austin Peay Hwy, Memphis, TN, 38128

7 Brew Coffee

$1,308,333

Key Information

Cap Rate
6%
Tot. SF
950
Lot Size
0.85 Acres
Year Built
2026
Term Remaining
± 15 Years
Type
Retail
Occupancy
100%
NOI
$78,500

Highlights

• Brand New 2026 Build with a Dynamic Tenant – Rent Commenced in August 2026, and 7 Brew as a company has been expanding at a rapid pace. 7 Brew is one of the more prominent drive-thru beverage brands in the country, with over 800 locations across 38 states.
• Embedded Rent-Growth – The lease contains 10% increases every 5 years including options, allowing for substantial NOI growth.
• Original 15-Year Lease Term with Three (3), 5-Year Options – Strategically positioned in between Yale Road and Stage Road, with that thoroughfare being ranked as the 3rd busiest roadway in the entire city with approximately 38,280+ VPD on Austin Peay Hwy, with Yale Road seeing 17,000+ VPD and Stage Road seeing 22,000+ VPD, showcasing the strength of the real estate fundamentals along the thoroughfare.
• Growing and Expanding Market – Located within the Bartlett suburb of Memphis, which experienced 6% population growth from 2010 to 2020, reflecting continued residential demand and market growth.
• Large Daytime Population – the city anchors a broader trade and daytime population, serving over 250,000 residents across the surrounding Memphis/Shelby County corridor.
• Average Household Income: $84,294
• Premier Retail Corridor – The property is surrounded by nationally recognized retailers like Walmart, Walgreens, Smoothie King, McDonald’s, Chick-fil-A, Whataburger and more.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203