4531 Chapman Hwy - Fast Food FOR SALE


Knoxville, TN 37920- Outer Southside
$1,998,750 USD
818-907-9525
4531 Chapman Hwy, Knoxville, TN for Sale
$1,998,750 USD
Fast Food - FOR SALE
1/5
null | 8.28% Cap Rate

4531 Chapman Hwy
Knoxville, TN 37920
Outer Southside


HIGHLIGHTS

  • FUTURE VALUE-ADD OPPORTUNITY: Tenant is expected to vacate at the end of the current term, potential upside through releasing or redevelopment
  • ABSOLUTE NNN LEASE: Zero landlord responsibilities, offering cash flow for the remainder of the term, will continue to operate and pay rent until exp.
  • ADDITIONAL INCOME STREAM: On-site billboard provides supplemental income, increasing overall return potential for investors
  • DRIVE-THRU & SITE FUNCTIONALITY: Features a drive thru and multiple points of ingress and egress supporting a wide range of future tenant uses
  • STRATEGIC HIGH TRAFFIC LOCATION: Positioned along Chapman Highway with traffic counts exceeding 35,000 vehicles per day
  • DENSE AND GROWING KNOXVILLE MARKET: Located in Knoxville, supported by steady population growth, a diverse economic base, and strong retail demand

OVERVIEW

This offering provides stable, passive income through an absolute NNN lease with zero landlord responsibilities, while also presenting a clear future value-add opportunity as the tenant is expected to vacate at the end of the base term, allowing for releasing or redevelopment. An on-site billboard further enhances returns with an additional income stream. The property features strong fundamentals, including a drive-thru, multiple access points, and a high-visibility location along Chapman Highway with over 35,000 vehicles per day. Positioned within the growing Knoxville market and benefiting from Tennessee’s no state income tax, the asset offers both near-term cash flow and long-term upside potential.

FOR SALE DETAILS

PRICE

$1,998,750 USD

PRICE/SF

$786 USD /SF

CAP RATE

8.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Advance Financial | Knoxville TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

-

APN/PARCEL ID

123BA-01201

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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