2580 Alcoa Hwy - Fast Food FOR SALE


Alcoa, TN 37701
$969,231 USD
865-803-5330
2580 Alcoa Hwy, Alcoa, TN for Sale
$969,231 USD
Fast Food - FOR SALE
1/13
null | 6.5% Cap Rate

2580 Alcoa Hwy
Alcoa, TN 37701


HIGHLIGHTS

  • Absolute NNN lease with current tenant in place since 1994.
  • Located on major corridor with strong surrounding demographics. Minutes to Knoxville and key medical/hospital traffic
  • 2,000 sf QSR with drive thru on 0.37 acre lot.

OVERVIEW

Strong-performing, high-traffic location with over 29 years of tenant occupancy. This freestanding Subway property operates under an absolute NNN lease with no landlord obligations, providing fully passive income. The tenant has historically exercised all renewal options and continues to operate successfully at this location. While the lease expires September 30, 2026, with 4 two-year options remaining, this location’s long history and past renewals suggest strong renewal potential. Strategically located on Alcoa Hwy (US-129) with direct visibility and access, this asset is minutes from McGhee Tyson Airport and the University of Tennessee Medical Center corridor. **This property is part of a three-property Subway portfolio. A discounted price and improved CAP rate are available if purchased together. Contact broker for details. See other listings for additional information - 1775 W. Broadway Ave. Maryville, TN and 10631 Chapman Hwy. Seymour, TN All information provided herein is deemed reliable but is not guaranteed. Buyers are advised to independently verify all details and conduct their own due diligence prior to purchase.

FOR SALE DETAILS

PRICE

$969,231 USD

PRICE/SF

$881 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Subway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

E

APN/PARCEL ID

026E-B-005.00

ASK ABOUT THIS PROPERTY

Keith CunninghamAvison YoungMore Info
865-803-5330

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

Keith CunninghamAvison YoungMore Info
865-803-5330

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