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    Oak Ridge, TN
    Conventional Restaurant

    Oak Ridge, TN Conventional Restaurants for Sale

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    Single-Tenant Taco Bell Restaurant
    Updated: May 14
    Single-Tenant Taco Bell Restaurant

    353 S Illinois Ave, Oak Ridge, TN 37830

    $2,152,032
    2,609 sqft
    2,609‑square‑foot Taco Bell restaurant at 353 S Illinois Ave, Oak Ridge, TN 37830
    Absolute NNN lease with over 19 years remaining on the original 23‑year term
    Six consecutive five‑year extension options
    Lease provides 1.5% annual rent increases during the primary term and option periods
    Outparcel to a shopping center anchored by Walmart Supercenter, Dick’s Sporting Goods, and TJ Maxx
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    Leased Restaurant NNN Building
    Updated: Apr 11
    Leased Restaurant NNN Building

    371 S Illinois Ave, Oak Ridge, TN 37830

    Contact for pricing
    4,225 sqft 0.76 AC lot
    McAlister’s Deli occupies a 4,225 SF restaurant building constructed in 1993
    Property sits on approximately 0.76 acres in Oak Ridge, Tennessee
    Recently renewed NNN lease includes 6 more years starting April 1, 2020
    Lease offers 2, 5‑year renewal options with 12% increases in Option 2 and 11.4% in Option 3
    NNN lease is landlord‑friendly: tenant responsible for all expenses except roof and structure
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Ridge, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Restaurant Building
    Freestanding Restaurant Building

    5604 Merchants Center Blvd, Knoxville, TN 37912

    Contact for pricing
    5,025 sqft

    Freestanding restaurant building with walk-in cooler and freezer, plus 3-compartment sink and dining seating.

    View details
    Restaurant with Pylon Sign
    Restaurant with Pylon Sign

    5307 North Middlebrook Pike, Knoxville, TN 37921

    $425,000

    The sale includes FF&E and inventory, with recent equipment and electrical updates.

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    Turnkey Restaurant with Equipment
    Turnkey Restaurant with Equipment

    708 W Race St, Kingston, TN 37763

    Contact for pricing

    Restaurant offering high-traffic visibility, ample parking, and included equipment and inventory (excluding liquor).

    View details
    Restaurant Building with Apartments
    Restaurant Building with Apartments

    705 W Race St, Kingston, TN 37763

    Contact for pricing

    Mixed-use property includes street-level restaurant space with a basement plus nine updated, 100%-occupied apartments.

    View details

    Oak Ridge, TN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Oak Ridge, TN on our real estate platform. These investment opportunities span a total of 6,834 square feet of properties for sale, with an estimated market value of $2,152,032.

    Sale prices for conventional restaurants in Oak Ridge, TN average $2,152,032 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +10.4%
    Median Household Income $70,795
    College Educated 28.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.55%
    Property Tax per SF $7.62 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Anderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Anderson County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Oak Ridge fall within the 25,000 to 50,000 square foot range.

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