1105 INTERSTATE DR COOKEVILLE TN 38501-4133
Investment Grade Credit | Top Performing Location | Long-Term Lease
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Starbucks at 1105 Interstate Drive, Cookeville, TN 38501 presents a compelling single-tenant net lease investment opportunity in one of Middle Tennessee’s strongest regional retail corridors. This 1,850 SF freestanding asset sits on 0.81 acres with 24 parking spaces and benefits from outstanding visibility near I-40, with traffic counts of approximately 12,909 VPD on Interstate Drive and 23,410 VPD on S Jefferson Ave. The property is leased to Starbucks, an investment-grade corporate tenant, through April 30, 2031, with three 5-year renewal options and scheduled 10% rent increases every 5 years in the option periods and every 6 years during the base term. Positioned in a dense commercial trade area surrounded by major national retailers including Walmart, Lowe’s, Kroger, Publix, Sam’s Club, and numerous hotels and restaurants, the site draws from a growing 5-mile population of 53,261 and average household income of $80,897. A high-performing location with strong consumer traffic, this is a trophy Starbucks asset in a thriving university and healthcare-driven market.
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