7762 Oak Ridge Hwy Knoxville, TN 37931

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.