35 Mooreland Dr - Restaurant FOR SALE


Springfield, TN 37172
$2,400,000 USD
615-584-0787
35 Mooreland Dr, Springfield, TN for Sale
$2,400,000 USD
Restaurant - FOR SALE
1/7
null | 5% Cap Rate

35 Mooreland Dr
Springfield, TN 37172


HIGHLIGHTS

  • Leased to Whataburger, a rapidly expanding QSR brand with strong Southeast growth
  • 15-year NNN ground lease with three (3) five-year renewal options
  • Highly visible location fronting Memorial Blvd/US Hwy 41 with ±25,000 vehicles per day
  • Situated at a signalized intersection offering strong access and customer circulation
  • Located in Springfield, a fast-growing Nashville suburb experiencing strong residential and retail growth

OVERVIEW

This offering presents a newly built Whataburger ground lease at 35 Mooreland Drive in Springfield, Tennessee. The 1.32-acre site features a 3,305 SF drive-thru QSR building delivered in 2024, backed by a 15- year NNN lease with a rapidly expanding national tenant. The property enjoys prime frontage on Memorial Blvd/US Hwy 41, excellent visibility to ±25,000 vehicles per day, and direct access at a signalized intersection. Positioned in a fast-growing Nashville suburb, the location benefits from strong population growth, expanding retail demand, and long-term stability in a high-traffic corridor.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$726 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

35 Mooreland Drive

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

Commercial

APN/PARCEL ID

091B-F-032.00

ASK ABOUT THIS PROPERTY

Jon PettySoutheast Venture LLCMore Info
615-584-0787

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Jon PettySoutheast Venture LLCMore Info
615-584-0787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.