Hardee's NNN Lease
7762 Oak Ridge Hwy, Knoxville, TN 37931
New
Corporate Hardee’s NNN lease with ±5 years remaining.
Type:Restaurant
Property size:
3,612 SFLot size:
1.45 AcresPrice / SF:
$552/SF- Added:
- May 21, 2026
- Days on Market:
- 7
- Last Refresh:
- May 21 at 4:07 am
Property Features for 7762 Oak Ridge Hwy
General Information
- Standard status
- Active
- Size
- 3,612 SF
- Lot size
- 1.45 Acres
- Property subtype
- Restaurant
Listing agent Ron Duong License #License(s): CA: 01438643 (949) 350-5431
Listing office (949) 350-5431
Listing date May 21, 2026
Source Marcusmillichap
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 Ron Duong
HighLights
- Absolute NNN Lease with ±5 Years Remaining, offering passive income.
- Located on Oak Ridge Highway (Highway 62), a major arterial with strong commuter traffic.
- Situated in a growing region of West/Northwest Knoxville with significant residential and commercial development.
- Ongoing Highway 62 enhancements improving accessibility and long‑term appeal.
- Superior visibility with prominent pylon signage, outdoor seating, and dedicated drive‑thru.
- Large ±1.45‑acre parcel with ample parking and multiple access points.
Overview
This commercial property features a corporate Hardee’s operating under an absolute NNN lease, offering income stability with future flexibility. The lease has approximately 5 years remaining, providing passive income and potential mark-to-market upside at expiration or through a negotiated early termination. The property benefits from its location on Oak Ridge Highway (Highway 62), a major arterial connecting Downtown Knoxville, West Knoxville, and Oak Ridge, experiencing strong daily commuter traffic. The surrounding West/Northwest Knoxville area is experiencing growth, with approximately 5,600 housing units permitted countywide from 2015-2024 and multiple large commercial projects advancing nearby. Ongoing Highway 62 enhancements, including turn lanes, sidewalks, greenways, and lane expansion, are further strengthening accessibility and long-term corridor appeal. The property offers superior visibility with prominent pylon signage, outdoor seating, and a dedicated drive-thru configuration designed for high-volume quick-service operations. It is situated on a large approximately 1.45-acre parcel featuring ample parking and multiple points of ingress and egress. Knoxville benefits from stable job growth, low unemployment, and a diverse employment base anchored by education, healthcare, manufacturing, and technology. Residential and commercial development trends indicate continued westward expansion, positioning the property within a strengthening submarket. The building size is 3612 square feet.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -84.113174
- Latitude
- 35.980087
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Corporate Hardee’s NNN lease with ±5 years remaining.
Where is this drive through restaurant located?
The property is located at 7762 Oak Ridge Hwy Knoxville, TN.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Absolute NNN Lease with ±5 Years Remaining, offering passive income.; Located on Oak Ridge Highway (Highway 62), a major arterial with strong commuter traffic.; Situated in a growing region of West/Northwest Knoxville with significant residential and commercial development.
