This Starbucks is excellently positioned as an outparcel to Home Depot at an infill location, greatly improving the visibility of the site to passing traffic. In addition, the site has direct access to Covington Pike and Stage Road, two of the main thoroughfares in the area, benefiting from over 42,799 vehicles per day collectively.
With its strategic placement and access to prominent attractions, this Starbucks promises sustained success as a focal point for community engagement and exceptional coffee experiences, making it an ideal acquisition for investors keen on tapping into Memphis’s dynamic cultural scene.
The site is located in a retail-dense corridor surrounded by many other top national tenants. Both Covington Pike and Stage Road closely connect Starbucks to retailers such as The Home Depot, McDonald’s, Kroger, Mattress Firm, Marshalls, Burlington, Taco Bell, Walgreens, Sherwin-Williams, Caliber Collision, and others.
The surrounding area is home to many community hubs that will drive traffic to Starbucks such as Bartlett High School (2,839 students), Craigmont High School (702 students), Craigmont Middle School (555 students), Methodist North Hospital (246 beds), and Douglass High School (546 students).
Located near the heart of Memphis, Tennessee, this Starbucks retail property offers an exceptional investment opportunity. Surrounded by renowned tourist attractions like Graceland, Beale Street, and Sun Studio, the property benefits from a constant flow of visitors seeking quality coffee and refreshments. With its prime location and strong tourist traffic, this Starbucks presents a lucrative opportunity to capitalize on Memphis’s vibrant tourism industry.