523 Louisville Rd - Fast Food FOR SALE


Alcoa, TN 37701
$1,600,000 USD
865-249-5803
523 Louisville Rd, Alcoa, TN for Sale
$1,600,000 USD
Fast Food - FOR SALE
1/10
null | Request Cap Rate

523 Louisville Rd
Alcoa, TN 37701


HIGHLIGHTS

  • Drive Thru Restaurant
  • Excellent Condition
  • 16,000+ Traffic Count
  • Adjacent to Hamilton Crossing Shopping Center

OVERVIEW

Our firm is honored to present the former Lee's Famous Recipe restaurant property on behalf of the owner group (Fesmire Foods Inc.). The property operated for over 40 years as a restaurant. The property condition is well maintained with a newer roof. There is plenty of interior storage (as well as a storage shed), 3 walk ins (1 freezer), restrooms, manager's office, drive thru window, kitchen, and prep area. There are 36 parking spaces for the available 76 seats. There is a 1,500 gal. grease tank/trap. All the seating booths and tables, window blinds, POS, kitchen equipment, reach ins, some serving equipment, office furniture, shelving, drive-thru menu board and speaker, and more are included in the sale. The location is well known and adjacent to the Hamilton Crossing Shopping Center with a traffic count of 16,000+ with easy in/out access. You may apply for the Lee's Famous Recipe franchise or apply your own concept/brand. This was a $2.0M+ revenue location for the operator. This is a rare opportunity in Blount County.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

29,891 SF

ZONING

E

APN/PARCEL ID

046K-A-018.00

ASK ABOUT THIS PROPERTY

Daniel MonatLeConte Realty, LLCMore Info
865-249-5803

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Daniel MonatLeConte Realty, LLCMore Info
865-249-5803

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