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Turn-Key Restaurant For Sale
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7535 Conner Rd, Powell, TN

Restaurant with high traffic and visibility, ready to operate.

Property Size5,873 SF
Lot Size2.14 Acres
Price / SF$417.16
Days on Market1417

Property Features for 7535 Conner Rd

General Information

Standard status Active
Size 5,873 SF
Lot size 2.14 Acres
Property subtype RETAIL
Listing Agency: Holrob
Listed By: TJ Galloway · License #278541
Source: Moodyscre
Added: Sep 15, 2022 Changed: Jul 6 Last Checked: Jul 21 at 7:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Holrob

Investment Insights

Based on property information with market context.

This is a turn-key restaurant property available for sale. The property is located in a high-traffic, high-visibility area. The restaurant is equipped with tables, chairs, and kitchen equipment. The property size is 5873 square feet and suitable for restaurants, retail properties, and turn key restaurants.

Key Highlights

  • High traffic/high visibility location
  • Turn‑key restaurant ready for immediate operation
  • Includes all tables and chairs

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $137.4k $23.40
− Vacancy −$6.2k −$1.05
EGI $131.2k $22.35
− OpEx −$32.8k −$5.59
NOI $98.4k $16.76
5,873 SF · lease $23.40/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,433 @ 7.0% cap · market cap 4.02%
Second Best
Retail
$1.21M
$1.05M – $1.41M (±1% cap)
NOI $84,360 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M (±1% cap)
NOI $106,567 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Los Braceros Mexican ... Restaurant VACANT Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Firehouse Subs Emory Road — 603 E Emory Rd, Powell, TN 37849

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant with high traffic and visibility, ready to operate.
Where is this restaurant located?
The property is located at 7535 Conner Rd Powell, TN.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: High traffic/high visibility location; Turn‑key restaurant ready for immediate operation; Includes all tables and chairs
(865) 278-4947 Call to check price and availability
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