Car Wash with Absolute NNN
For Sale
$4,157,000
300 Simmons Rd, Knoxville, TN 37922
Modern car wash facility with a long-term absolute NNN lease and multiple renewal options.
Property Size4,030 SF
Lot Size1.40 Acres
Price / SF$1,031
Days on Market59
Property Features for 300 Simmons Rd
General Information
Standard status
Active
Size
4,030 SF
Lot size
1.40 Acres
Property subtype
Commercial
Occupancy
100%
Lease Term
± 15.8 Years
Net Operating Income
$249,420
Building Details
Building Size
4,030 SF
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
Matthews
(865) 419-0016
Listed By:
Tanner Sanford · License #370826 (TN)
(865) 419-0016
Source:
Matthews
Added: Jul 3
Changed: Aug 29
Last Checked: Aug 30 at 12:56PM
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 Matthews
Investment Insights
Based on property information with market context.
This car wash property includes a modern 4,030-square-foot building on approximately 1.40 acres at 300 Simmons Rd in Knoxville, Tennessee. The facility was built around a Polish tunnel design and has been recognized as Knoxville’s Best Car Wash for nine consecutive years.
The property is adjacent to Turkey Creek, a 410-acre mixed-use development in Farragut/West Knoxville, and sits 4 miles from the University of Tennessee. The lease is structured as absolute NNN, with zero landlord responsibilities stated in the offering details. Approximately 15.8 years remain in the initial term, followed by four 5-year renewal options. The lease also provides 1.50% annual rent increases and includes a corporate guarantee from Mammoth Holdings, which operates more than 150 locations across 17 states.
The property is adjacent to Turkey Creek, a 410-acre mixed-use development in Farragut/West Knoxville, and sits 4 miles from the University of Tennessee. The lease is structured as absolute NNN, with zero landlord responsibilities stated in the offering details. Approximately 15.8 years remain in the initial term, followed by four 5-year renewal options. The lease also provides 1.50% annual rent increases and includes a corporate guarantee from Mammoth Holdings, which operates more than 150 locations across 17 states.
Key Highlights
- 4,030 SF modern car wash building on approximately 1.40 acres
- Absolute NNN lease with zero landlord responsibilities
- Approximately 15.8 years remaining in the initial lease term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 37922, TN
39,623
Population
15,390
Households
2.6
Avg Household Size
41
Median Age
70%
College-Educated
98%
High-School Grad
27.7 sq mi
ZIP Area
1,430
Density / Sq Mi
$126,638
Median Household Income
$67,973
Median Earnings
$1,672
Median Rent
$468,600
Median Home Value
Market
Vacancy Rate% for Retail in Knoxville, TN
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Frequently Asked Questions
What type of property is this?
Car wash - Modern car wash facility with a long-term absolute NNN lease and multiple renewal options.
Where is this car wash located?
The property is located at 300 Simmons Rd Knoxville, TN.
What is the asking price?
The asking price for this property is $4,157,000.
What are key features of this property?
This property features: 4,030 SF modern car wash building on approximately 1.40 acres; Absolute NNN lease with zero landlord responsibilities; Approximately 15.8 years remaining in the initial lease term
