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    2580 Alcoa Hwy Alcoa, TN 37701

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    For Sale
    $969,231

    High-traffic Subway with NNN lease and renewal potential.

    Property size:
    2,000 SF
    Lot size:
    0.37 Acres

    Property Features for 2580 Alcoa Hwy

    General Information

    Size
    2,000 SF
    Lot size
    0.37 Acres

    Source: Avison Young Agent Keith Cunningham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Subway on Alcoa Hwy

    This freestanding Subway property, situated on Alcoa Hwy (US-129), benefits from direct visibility and access. The property has a strong-performing, high-traffic location with over 30 years of tenant occupancy. Operating under an absolute NNN lease with no landlord obligations, it provides fully passive income. The tenant has historically exercised all renewal options and continues to operate successfully at this location. The current lease expires September 30, 2026, with 4 two-year options remaining. This location’s long history and past renewals suggest strong renewal potential. The property is minutes from McGhee Tyson Airport and the University of Tennessee Medical Center corridor. The property is 2,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Caterer

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alcoa
    County
    Blount
    State
    Tennessee
    Longitude
    -83.979636
    Latitude
    35.817505

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    FAQs

    What type of property is this?
    Drive through restaurant - High-traffic Subway with NNN lease and renewal potential.
    Where is this drive through restaurant located?
    The property is located at 2580 Alcoa Hwy Alcoa, TN.
    What is the asking price?
    The asking price for this property is $969,231.
    What are key features of this property?
    This property features: - Absolute NNN lease provides fully passive income with no landlord obligations.; - Strong-performing, high-traffic location with over 30 years of tenant occupancy.; - Strategic location on Alcoa Hwy (US-129) with direct visibility and access.
    (865) 803-5330
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    2580 Alcoa Hwy Alcoa, TN 37701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2580 Alcoa Hwy Alcoa, TN 37701
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