Investment 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.
Investment Highlights
- 100% leased to Whataburger, a rapidly expanding QSR brand with strong growth in the Southeast
- 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