Drive-Through Restaurant NNN
For Sale
Contact for pricing
Pending
4531 Chapman Hwy, Knoxville, TN 37920
Drive-through restaurant offered under an absolute NNN lease with an on-site billboard providing additional income.
Property Size2,542 SF
Days on Market167
Property Features for 4531 Chapman Hwy
General Information
Standard status
Pending
Size
2,542 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Redevelopment
Additional Details
Traffic Count
35,000 vehicles/day
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Lior Regenstreif · License #CA 01267761
(818) 212-2730
Source:
Crexi
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 24 at 11:46AM
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 - Encino
Investment Insights
Based on property information with market context.
This drive-through restaurant property is offered with an absolute NNN lease structure described as requiring zero landlord responsibilities. The offering also includes an on-site billboard, creating an additional income stream alongside the base rent.
Located along Chapman Highway, the property is positioned in a high-visibility corridor with over 35,000 vehicles per day. The tenant is expected to vacate at the end of the base term, which the seller describes as a future value-add pathway through reletting or redevelopment.
The property is presented as a passive-income opportunity through its NNN lease, while also providing a defined transition point at the end of the base term.
Located along Chapman Highway, the property is positioned in a high-visibility corridor with over 35,000 vehicles per day. The tenant is expected to vacate at the end of the base term, which the seller describes as a future value-add pathway through reletting or redevelopment.
The property is presented as a passive-income opportunity through its NNN lease, while also providing a defined transition point at the end of the base term.
Key Highlights
- 2016‑built drive‑through restaurant offered under an absolute NNN lease.
- On‑site billboard provides an additional income stream.
- Drive‑thru restaurant setup with multiple access points.
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 37920, TN
41,210
Population
20,180
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
72.3 sq mi
ZIP Area
570
Density / Sq Mi
$61,348
Median Household Income
$35,591
Median Earnings
$1,092
Median Rent
$231,300
Median Home Value
Market
Vacancy Rate% for Retail in Knoxville, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Drive-through restaurant offered under an absolute NNN lease with an on-site billboard providing additional income.
Where is this nnn property located?
The property is located at 4531 Chapman Hwy Knoxville, TN.
What is the asking price?
The asking price for this property is $1,998,750.
What are key features of this property?
This property features: 2016‑built drive‑through restaurant offered under an absolute NNN lease.; On‑site billboard provides an additional income stream.; Drive‑thru restaurant setup with multiple access points.
