6949 Maynardsville Pike - Fast Food FOR SALE


Knoxville, TN 37918- Outer Northside
$1,144,600 USD
214-561-6004
6949 Maynardsville Pike, Knoxville, TN for Sale
$1,144,600 USD
Fast Food - FOR SALE
1/9
null | 5% Cap Rate

6949 Maynardsville Pike
Knoxville, TN 37918
Outer Northside


HIGHLIGHTS

  • 6+ Years Remaining | Low Rent | Scheduled Rental Increases | Established Tenant
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
  • Strategically Located Along Maynardville Pike | Excellent Visibility| Drive-Thru Equipped
  • Strong Demographics in 5-Mile Trade Area | Direct Consumer Base

OVERVIEW

• The Guernsey Holdings SDI TN OpCo LLC has over 6 years remaining on its current lease term with 1 (10-year) option periods to extend • The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option period, growing NOI and hedging against inflation • Sonic is the largest drive-in restaurant brand in the United States with more than 3,500 restaurants in 47 states

FOR SALE DETAILS

PRICE

$1,144,600 USD

PRICE/SF

$920 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic Drive-In | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C-G

APN/PARCEL ID

038KD-011

ASK ABOUT THIS PROPERTY

Hayley MustinSRS National Net LeaseMore Info
214-561-6004

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Hayley MustinSRS National Net LeaseMore Info
214-561-6004

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