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Swig Drive-Through Restaurant
New
For Sale
$2,232,500

4504 Grassy Knl Rd, Knoxville, TN 37931

Swig-branded restaurant offering vehicle-oriented service under a long-term absolute NNN arrangement.

Property Size668 SF
Price / SF$3,342
Days on Market2

Property Features for 4504 Grassy Knl Rd

General Information

Standard status Active
Size 668 SF
Property subtype Restaurant
Lease Type Absolute Net

Amenities

Brand New 15-Year Absolute Triple-Net Lease with a Multi-Unit Swig Franchisee
Annual Rental Increases with Multiple Renewal Options
Swig is a Rapidly-Growing QSR Brand with 170 Plus Locations Across 23 States
Outparcel to Food City Anchored Shopping Center, Adjacent to New Tenants: Taco Bell, Take 5 Oil Change, PureMagic Car Wash, and Wagbar Dog Park + Bar
New 2026 Construction with Two Drive-Thru Lanes
231,129 Residents within a Five-Mile Radius in Growing Knoxville Trade Area
Tennessee is a Business-Friendly State - No State Income Tax
Highly Visible Location Near the Corner of Oak Ridge Highway and Schaad Road (Approximately 37,570 Combined Cars per Day)

Building Details

Building Size 668 SF
Tenancy Single
Listing Agency: Marcus & Millichap | Phoenix
Listed By: Mark Ruble · License #License(s): AZ: SA550593000, NV: S.0192964
Source: Marcusmillichap
Added: Sep 9 Last Checked: Sep 9 at 3:47PM

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 Marcus & Millichap | Phoenix

Investment Insights

Based on property information with market context.

This offering features a Swig drive-through restaurant at 4504 Grassy Knl Rd in Knoxville, Tennessee. Swig is a soda-focused restaurant brand associated with customized soft drinks and add-ins such as cream and flavored syrups.

The property is offered with a 15-year absolute NNN BTS structure. The Knoxville market benefits from the University of Tennessee and tourism tied to the Great Smoky Mountains, with economic activity spanning nine counties in eastern Tennessee.

Key Highlights

  • Swig‑branded drive‑through restaurant
  • 15‑year absolute NNN BTS structure
  • Located at 4504 Grassy Knl Rd, Knoxville, TN 37931

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Electrical Service Furniture & Home Goods 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 37931, TN

31,358
Population
12,770
Households
2.5
Avg Household Size
38
Median Age
45%
College-Educated
94%
High-School Grad
28.4 sq mi
ZIP Area
1,104
Density / Sq Mi
$91,284
Median Household Income
$52,207
Median Earnings
$1,450
Median Rent
$317,100
Median Home Value

Market

Vacancy Rate% for Retail in Knoxville, TN

4.6% 2019
5.5% 2020
4.5% 2021
4.3% 2022
4.2% 2023
4.2% 2024
5.1% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Swig-branded restaurant offering vehicle-oriented service under a long-term absolute NNN arrangement.
Where is this drive through restaurant located?
The property is located at 4504 Grassy Knl Rd Knoxville, TN.
What is the asking price?
The asking price for this property is $2,232,500.
What are key features of this property?
This property features: Swig‑branded drive‑through restaurant; 15‑year absolute NNN BTS structure; Located at 4504 Grassy Knl Rd, Knoxville, TN 37931
More about this property
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