4504 Grassy Knoll Rd - Retail FOR SALE


Knoxville, TN 37931- Westside
$2,232,500 USD
602-687-6766
4504 Grassy Knoll Rd, Knoxville, TN for Sale
$2,232,500 USD
Retail - FOR SALE
1/5
null | 6% Cap Rate

4504 Grassy Knoll Rd
Knoxville, TN 37931
Westside


HIGHLIGHTS

  • Brand New 15-Year Absolute NNN Lease with a Multi-Unit Swig Franchisee
  • Annual Rental Increases with Multiple Renewal Options
  • Swig is a Rapidly-Growing QSR Brand with 170+ Locations Across 23 States
  • Outparcel to Food City Anchored Shopping Center, Adjacent to New Tenants: Taco Bell, Take 5 Oil Change, PureMagic Car Wash, and Wagbar Dog Park + Bar
  • New 2026 Construction with Two Drive-Thru Lanes
  • 231,129 Residents within a 5-Mile Radius in Growing Knoxville Trade Area

OVERVIEW

Swig is a drive-thru soda-fountain chain, founded in April 2010 in St. George, Utah. The brand is known for its popular "dirty sodas", soft drinks mixed with add-ins such as cream and flavored syrups. Swig is often credited as the originator of this concept, which has developed into a national consumer trend. The category's popularity has been fueled by social media engagement, strong consumer demand for personalization, and broad appeal across multiple demographics. The Knoxville market is centered in eastern Tennessee and is the state’s third-largest metro, after Nashville and Memphis. Knoxville covers nine counties: Anderson, Blount, Campbell, Grainger, Knox, Loudon, Morgan, Roane, and Union. The local economy is supported by the University of Tennessee and year-round tourism from the Great Smoky Mountains.

FOR SALE DETAILS

PRICE

$2,232,500 USD

PRICE/SF

$3,342 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Swig - 15 Year Abs NNN BTS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,012 SF

ZONING

-

APN/PARCEL ID

079JE-002

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

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