Arby’s Absolute Net Lease
For Sale
Contact for pricing
822 Cosby Highway, Newport, TN 37821
Commercially zoned restaurant property secured by an absolute net lease with a long remaining term.
Property Size4,301 SF
Price / SF$863.99
Days on Market91
Property Features for 822 Cosby Highway
General Information
Standard status
Active
Size
4,301 SF
Total Parking Spaces
63
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$222,975
Building Details
Year Built
1988
Tenancy
Single
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Ransome Foose · License #NC 280948
Source:
Crexi
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 16 at 7:36AM
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 Berkeley Capital Advisors Charlotte
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Investment Insights
Based on property information with market context.
The Arby’s property at 822 Cosby Hwy in Newport, Tennessee, contains 4,301 square feet and is classified for commercial use. The asset is structured under an absolute net lease, providing a defined lease framework for the property.
The property is located in Newport, TN 37821, along Cosby Hwy. The lease carries a long term, and the restaurant is operated by an experienced operator.
The property is located in Newport, TN 37821, along Cosby Hwy. The lease carries a long term, and the restaurant is operated by an experienced operator.
Key Highlights
- Arby’s property at 822 Cosby Hwy, Newport, TN 37821
- 4,301‑square‑foot restaurant property
- Absolute net lease structure
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
233k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 27%
Hotels & Casinos 3%
Electronics 1%
McDonald's
Dining
43,664 visits/mo
0.1 miles
Weigel's
Shops & Services
43,018 visits/mo
0.1 miles
Hardee's
Dining
21,354 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
20,267 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
17,209 visits/mo
0.2 miles
Demographics for 37821, TN
22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Commercially zoned restaurant property secured by an absolute net lease with a long remaining term.
Where is this nnn property located?
The property is located at 822 Cosby Highway Newport, TN.
What is the asking price?
The asking price for this property is $3,716,000.
What are key features of this property?
This property features: Arby’s property at 822 Cosby Hwy, Newport, TN 37821; 4,301‑square‑foot restaurant property; Absolute net lease structure
